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News watch November 2011: today's auto industry news
Tue, 29 Nov 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.
Porsche purchases Andial performance brand
Thu, 14 Feb 2013Porsche announced on Thursday that it has purchased the legendary Andial name that has become a staple in the realm of Porsche racing and performance tuning. In 1975, the late Arnold Wagner (AN), Dieter Inzenhofer (DI), and former Porsche Motorsport North America president and current consultant Alwin Springer (AL) came together to build Andial (an anagram of the principals names), a successful and respected independent authority on Porsche-performance tuning. Since the last active owner, Inzenhofer, is retiring later this month, timing was ripe for Porsche to jump in and offer to carry the Andial torch.
Webinars: Listen again to Autodesk 'Automotive visualization, new quality standards in Virtual Prototyping'
Thu, 28 Mar 2013Autodesk presented its latest Webinar, 'Automotive visualization, new quality standards in Virtual Prototyping', on 11 April. Virtual Prototyping is one of the most important steps in the development of a new car allowing the evaluation of a prototype in different aspects before it's even built. Autodesk's new VRED product line can be used throughout the whole design and construction process on a single data basis, without the need to re-do work.