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Whitacre named General Motors' permanent CEO

Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.

Four car design schools to compete in Ferrari design contest

 Ferrari, in collaboration with Pininfarina, has laid down a global challenge for students of car design. The project, called 'Ferrari: new concepts for the myth', will see students from four of the world's best automotive design schools compete to create new concepts for future Ferraris. The four schools are: Art Center College of Design in Pasadena, Tokyo Communication Arts, Coventry University School of Art and Design, and the European Institute of Design in Turin.

Dinamica's microfiber range showcases the latest color, design and material innovations

Dinamica Established 1997 Number of employees 50 (five designers) Global headquarters Gorizia, Italy Contact b.terraneo@dinamicamiko.it Website www.dinamicamiko.com "We are a young, dynamic company and have increased our automotive activities significantly over the last five years," says marketing manager Benedetta Terraneo. "We started off in the US, but now also collaborate with the biggest OEMs in Europe, Brazil, Asia and Australia, working with their designers to create new automotive applications for our Dinamica microfiber range." Each year, the company creates an automotive collection to showcase the latest color, design and material innovations. The 2013 collection – called ‘Essence' – launched in May, and focused on inspiring new possibilities for automotive interior trimming through the use of five natural elements.