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Drayson Racing and RCA launch EV racing car contest
Thu, 06 Dec 2012Drayson Racing has launched a contest with the Royal College of Art's Vehicle Design program to design electric racing car concepts for the FIA's new Formula E series, which is set to start in 2014. The RCA's students are asked to present designs that explore new themes within the technical constraints as part of this course's curriculum. The previous Drayson Formula E concept was developed by Sergio Rinland who will be part of a series of workshops and lectures on aerodynamics, engineering packaging, production engineering and materials, giving students the technical knowledge to develop their designs.
Pininfarina readies 'Sergio' concept for Geneva
Tue, 05 Feb 2013Pininfarina is readying a concept car dedicated to the late Sergio Pininfarina to be shown at the Geneva motor show. The Pininfarina Sergio is hailed as a celebration of the brilliant life's work of the man who headed the Italian design house for 40 years before passing away last July. Just one image has been revealed so far but we're promised a modern vision of the great man's creations, described by Pinin as "a modern vision in the name of exclusivity, innovation and passion".
Senate releases $350 billion more in bailout money
Fri, 16 Jan 2009The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.