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Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.

Mercedes-Benz SLS AMG: The gullwing takes flight

Before we reveal what it is like to hot-lap a prototype version of Mercedes-Benz's 6.2-liter V8-powered SLS around the 2.2-mile Sachsenring in eastern Germany, let us tell you one thing that puts the big rear-wheel-drive coupe into clear perspective. The SLS, planned to get its first public outing at the Frankfurt motor show in September, is not based on any existing Mercedes model. Rather, it has been conceived, designed and engineered from the ground up in a no-compromise approach by the German carmaker's in-house tuning division, AMG.

The Designers, Pt 9 – Tim Yerdon, Visteon

Car Design News launched its first-ever Car Design Review yearbook at the Geneva Motor Show, featuring the award-winning Production Car and Concept Car Designs of 2013. If you're interested in buying a copy of the 160-page yearbook this interview appears in, alongside trend reports, bespoke car design infographics and a special feature on Marcello Gandini, our inaugural Lifetime Achievement Award winner, Car Design Review can be purchased here. Name Tim YerdonRole Global director of innovation and design, VisteonAge, nationality 41, USLocation Michigan, USAEducation Michigan & Penn State University "What's unique about us compared to pure consumer electronics industries is that we have automotive intellect.