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CDN–GM/PATAC Interactive Design Competition China winners announced
Mon, 22 Apr 2013The winners of the CDN-GM/PATAC Interactive Design Competition China have been announced during Car Design Night at The Waterhouse in Shanghai on April 20, 2013. The inaugural Chinese installment of the popular student design competition has been a huge success, with 1,241 submissions during the five-month process. February saw an amazing number of last-minute entries that ensured a tough decision when the judges, including Brian Nesbitt, vice president of Design at GM International Operations, Michael Simcoe, executive director – Global Design GMIO at Holden, Min Cao, chief designer/Advanced Design director at PATAC, Burt Wong, executive deputy director of PATAC Design Department at PATAC, and Holt Ware, executive Design director at PATAC, met to choose a winner last month.
Aston Martin sells 38% stake to Italians to raise cash
Fri, 07 Dec 2012Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.
2011/2012 Kia Rio Revealed
Fri, 11 Feb 20112011 / 2012 Kia Rio With the inexorable move by Hyundai and Kia to higher quality, Euro-centric cars the Kia Rio is overdue to be Euro-fied. After all, it’s two years since the Hyundai Getz got brought in to the 21st century by morphing in to the i20. So after a tease for the new Kia Rio last month, the bland (albeit it cheap) Kia Rio makes way for the Kia version of the i20 – the 2012 Kia Rio – which will make its debut at the Geneva Motor Show in a couple of weeks, with the five door Kia going on sale in September and the three door on sale in early 2012.