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Chris Bangle's ‘Illustrate the Future’ competition winner announced

Renowned designer Chris Bangle announced the winner of the ‘Illustrate the Future' design competition as Luis Fernando Peña Delgado at the end of the Interior Motives China conference yesterday. 22-year-old Delgado, a student of design at the Universidad Nacional de Colombia, Bogota, Colombia, was chosen by the judges under the direction of Bangle on the basis that his entry best followed the criteria of closeness to the original text, the quality of the illustrations and the creative content. The global competition's brief asked for students from any design discipline to examine excerpts from the eBook "Peter Teuful, A Tale of car design in Three parts" – written by Bangle himself – and translate them into a series of images.

Volkswagen buys stake in Suzuki

Volkswagen will buy nearly 20 percent of Suzuki for $2.5 billion in a deal poised to continue VW's ambitious growth plans and bolster its global product offerings. The companies announced the agreement on Wednesday, and it could close in January. The deal allows VW to draw on Suzuki's small-car capabilities and strong position in India.

Maserati announces names of new saloon, SUV at Paris

Maserati announced the names of three of its forthcoming new cars at the 2012 Paris motor show. From 2013, Fiat's upmarket sports luxury wing will finally launch a barrage of new product to overcome worries it's just producing endless versions of its existing range. The new Maserati Quattroporte will be launched at the 2013 Detroit auto show in January.