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Arizona auctions poised for record year

Gooding & Co. finished its second and final day of auctions on Saturday, and as has become the norm, beat last year's totals. Closing out its week at an estimated $34.9 million, eight lots made it into the million-dollar club.

BMW announces DesignWorksUSA studio and ConnectedDrive lab in Shanghai

BMW has opened both a DesignWorks studio and a ConnectedDrive lab in Shanghai, China, as a means of gathering information and insight into the Chinese market as the company looks to increase its presence in Asia. Adrian van Hooydonk, Director BMW Group Design, said, "Creating this foothold for both BMW Group Design and DesignworksUSA in Shanghai is of great importance from both strategic and creative standpoints." President of BMW Group DesignWorksUSA Laurenz Schaffer said, "Our new studio in Shanghai places DesignworksUSA at the epicenter of the most rapidly growing and influential consumer market in the world and provides an indispensable resource for shaping our global perspectives for clients." The new studio will perform functions including product, transportation, automotive, environmental and interaction design; color, material and finish design; design communication, research and strategy as well as sustainability consulting. Designers from DesignworksUSA studio in Los Angeles, Munich and Singapore will supplement a local design team.

Honda's FCEV concept previewed ahead of LA show

Honda has announced its FCEV concept will be making its world debut at the upcoming Los Angeles auto show. The carmaker is remaining fairly tight-lipped about the concept, although it has released this artful render. Honda also says the FCEV concept previews a potential design direction for its next-generation fuel-cell electric vehicle (FCEV) launching in the U.S and Japan in 2015 and later in Europe.