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Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan  for parts related to unintended acceleration and throw $30 million at research in to car safety.

Stile Bertone goes independent

Stile Bertone is to forge an independent future under a new managing director by splitting with its coachbuilding arm and following a new business strategy. The changes were rubber-stamped at a meeting in Turin on Monday. The new managing director is former Aprilia CEO Teresio Gaudio, who has been a consultant to the Bertone family while the future of the business was sorted out.

CDN and GM launch new interactive competition for students in North America

Multiple internships on offer with CDN-GM Interactive Competition Car Design News is pleased to announce the launch of the Car Design News-GM interactive design competition, a collaboration with GM and our partners, Dassault Systèmes and Faurecia. Eight student winners will be awarded internships at GM's design studios in North America in 2012 as the principal prizes, whilst our partner, Faurecia, will be choosing its own additional winner and offering this student an internship at its studios in either the US, Europe or Asia.  The competition is open to students studying at college/university level in the USA and Canada, on any design course, and to former students who graduated from these courses within the period April 2010 to March 2011. Students display and update their ideas and work-in-progress on the competition's website, where the interactivity comes from the ability of observers to comment and suggest specific amendments, and from GM mentors who will publicly guide and support the students.