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Cleveland Institute of Art - Nissan project

Nissan sponsored a semester-long project for the Cleveland Institute of Art at the end of last year. The project guidelines were to create a 'truck', which was defined as a vehicle that has some form of utility, for the year 2020. While some students decided to create more traditional truck designs, others chose to redefine what utility meant while others created projects that would appeal to very specific niche markets.

Volkswagen goes mad in Las Vegas

By Alex Fuller First Official Pictures 02 November 2006 03:33 R GTi: the lowdown VW has cooked up two hotter Golf GTis for the SEMA tuning show: the 225hp Thunder Bunny and 375hp R GTi. This mean hatch is the R GTi, which gets a big helping of carbonfibre to shave off weight and a huge power upgrade. The 197bhp 2.0-litre’s stock turbo makes way for a bigger blower, yielding 375hp.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.