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Is this the first crash of a privately owned C7 Corvette?

Details are scarce at the moment, but it looks like this might be the first crash of a privately owned C7 Corvette. Here's what we heard from our tipster: - There were apparently no serious injuries. - The damage to the front of the car is extensive.

Porsche to add 1,000 employees

To keep pace with its planned model expansion and sales targets, Porsche AG will add more than 1,000 employees by 2015, Automotive News Europe has learned from Volkswagen Group sources. About 500 jobs will be added for production of Porsche's new compact SUV, codenamed the Cajun, which will go on sale in 2013 in Europe and in North America about six months later. Porsche's supervisory board will make a decision on the production location of the Cajun in mid-March.

CCS launches MFA degree programs

The College for Creative Studies in Michigan, USA, is set to launch new Master of Fine Arts (MFA) degree programs in Design and Transportation Design. The new courses, which launch in Fall 2009, will give students a broad scope of skills and experience in 2D and 3D design, and will include a basic study in business that will take place at the University of Michigan's respected Stephen M Ross School of Business. CCS says that this will equip graduates with the tools required to implement concepts and make strategic decisions - increasingly important parts of a 21st century car designer's skillset.