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Art Center Summit 2009

The Art Center Summit, now in its third year, has finally seen the rest of the world catch up with its preoccupations. Initially conceived in 2006-07 to bring government, academic, and business leaders to Art Center College of Design in Pasadena, CA, to discuss issues related to mobility and sustainability, the summit has benefited from the financial turmoil that has recently gripped the world. Previously, the event was highly speculative and appealed mainly to designers working in the advanced mobility community; this year, the summit occurred against a backdrop of meltdown in the US auto industry, chaos in the global financial sector, and a growing realization - supported by the incoming Obama administration - that energy and transportation policy will form a key part of a Green future.

Crunch watch Apr 09: the auto industry in crisis

By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.

Aston Martin V8 Vantage S launches

The Aston Martin V8 Vantage S - available as Coupe or Roadster The Aston Martin V8 Vantage S has launched with an extra 10bhp over the regular V8. Just 10bhp more than the regular V8 doesn’t sound a lot, but there is more than just a smidge of extra power to the V8 Vantage S. The extra 10bhp the V8 Vantage S gets is tweaked from the regular Aston Martin V8 Vantage, but there’s also an extra 15lb/ft of torque.