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Ford offers $1m of design scholarships in memory of William Clay Ford

Ford Motor Company has put aside $1million to be awarded in automotive design scholarships over the next 20 years in order to commemorate the life of William Clay Ford who passed away on Sunday. The Ford Fund will release $10,000 each to five college sophomores or juniors per year who are following a career in car design. William Clay Ford was the last surviving grandchild of company founder Henry Ford and design was his lifelong passion.

Changan Eado

The Changan Eado, a global mid-size sedan, represents not only a new product, but also on a new platform design language for the Chinese carmaker. The Eado has been designed to expand the company into the European market, and Changan's investment into design and production follows the current trend of Chinese automakers aiming to export their models to other markets. The Eado has been designed by Stefano Carminati and is said to combine the features of 'European fashion', 'Japanese fineness' and the needs of Chinese consumers to maximize its appeal.

Mini nears big sales record

BMW's Mini brand will reach an all-time sales record this year, BMW sales and marketing chief Ian Robertson said. BMW sold 132,000 Minis in the first half. "If you double the half-year total, you aren't far off results for the year," Robertson told Automotive News Europe.