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Volkswagen wants you to design a video game car in return for an internship

Volkswagen has launched a new design contest in order to find three students to undergo a six-month internship program at its Wolfsburg design center. In order to prove your worth, you have to design a car that looks beyond the current paradigms of The Car. Think more about how personal mobility – and particularly autonomous cars – will look, feel and interact by creating a new scenario: "Video games have created their own unique medium, devoid of normal design barriers," reads the competition website.

Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

Jaguar C-X16 concept scoops 'Design Concept of the Year' award

The Jaguar C-X16 concept car has won Design Concept Car of the Year at the 2012 Scottish Car of the Year Awards. The two-seater concept – which acted as a teaser for the recently revealed production F-Type model – was first seen last year at the Frankfurt motor show and was designed to indicate Jaguar's future design direction. Collecting the award was Ian Callum, Jaguar's Director of Design, who said, "With the C-X16 concept, we set out to move Jaguar's award-winning design language on to the next generation, creating a car that is the very essence of future Jaguar performance." John Murdoch, association president, declared: "Many of these show stunners don't see the light of day but they are valuable for gauging public reaction to new ideas.