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Italian firm buys stake in Aston Martin
Fri, 07 Dec 2012The 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.
CDN-GM competition: Phase 1 now closed
Fri, 07 Sep 2012Back to school. Not most students' favorite time of year, signaling both the end of summer and a return to the long days of lectures and long nights of sketching. This year, however, it also means a chance to win one of five internships, including housing, at GM's Warren, MI design studio courtesy of the GM Interactive Design Competition 2012 – if you got your entry in on time!
CES: Cranking up Harman's QuantumLogic 3D surround-sound system
Wed, 09 Jan 2013Yesterday we reported how Audi was readying a lavish 3D sound experience with 23 speakers and 1,400 watts of goosebump-inducing audio power. Not to be outdone, Harman had been quietly developing a system of its own: Quantum Logic 3D brings together 25 speakers and more than 2,000 watts of Tubthumping power to a new car near you, like driving inside Phil Spector's Wall of Sound. Sitting inside the demonstration BMW 7-Series that Harman painstakingly lifted into the Studio at the Palms, Global Audio Engineering vice president Phil Muzio explained, "great music is delivered in stereo, yet our consumer research indicates that people enjoy surround sound." QuantumLogic 3D's surround sound expands beyond the boundaries of the vehicle's cabin, providing "a sense of detail and spatial placement that you don't get in stereo." Five height component speakers mounted in the corners of the headliner, and above the rearview mirror, elevates audio beyond the confines of the roof, "almost like you're in a convertible," said Muzio.