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Michelin Challenge Design 2009

As the 2009 Michelin Challenge Design - focusing on the search for ‘America's Next Iconic Vehicle' - drew to a close at the NAIAS in Detroit, culminating in a press preview and an exhibition of scale models, the theme for next year's competition was announced: ‘Electrifying! Beautiful, Innovative and Radiant'. While it may sound like a slogan for a new line of women's cosmetics, this theme does in fact center on the increasingly relevant field of electric vehicle (EV) design; or more specifically the need to combine sustainable powertrains with attractive, well executed design.

Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

VW Beetle to get bigger seat

TThe successor to the New Beetle will arrive in 2012 with more space in the back seat and better packaging, said Stefan Jacoby, president and CEO of Volkswagen Group of America. Speaking at a press event in Germany, he also said the next generation of the Beetle will be "more of a halo car" for the Volkswagen brand. And Jacoby said he expects the next Beetle to achieve higher sales.