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News watch October 2011: today's auto industry news
Mon, 31 Oct 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
Scuola Politecnica di Design announces Chris Bangle workshop
Mon, 13 Jul 2009Italy’s Scuola Politecnica di Design has announced a seven-day workshop with former BMW Group design boss Chris Bangle at its campus in Milan. Themed ‘Future Personal Emotional Mobility’ and scheduled to run from 18 to 24 September 2009, the workshop invites design degree graduates and experienced car designers to take part in a project to create a new breed of sustainable shared transportation for the year 2050. Based on the concept that the mass migration of people from the countryside to cities will in the future create even more social, economic and ecological differences between population zones, this event will see attendees work closely with Bangle towards designing systems that engage on an emotional as well as an economic level, satisfying the personal transportation needs – and desires – of a disparate global population while minimising impact on the environment.
Infiniti future products: Making room for three additions to the lineup
Wed, 17 Aug 2011Nissan Motor Co.'s Infiniti luxury brand will develop three all-new vehicles over the next three to four years: a compact sedan, a family-sized crossover and an electric luxury car based on the Nissan Leaf. The plan is part of Infiniti's goal to increase sales and market share in the United States and globally. In June, Nissan CEO Carlos Ghosn set a goal of more than tripling Infiniti's annual global sales to 500,000 units by 2016.