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Car Design News – GM Interactive Design Competition Winners Announced at NAIAS

Car Design News and General Motors today announced the eight winners of their interactive design competition in an awards ceremony on the Cadillac stand at the North American International Auto Show 2012 (NAIAS). Over 300 design students from across the USA and Canada entered the Car Design News-GM Interactive Design Competition, launched in Spring 2011. Entrants were challenged to design both an interior and an exterior design for one of GM's four brands – Buick, Cadillac, Chevrolet and GMC – each of which set a unique brief.

Cars, Harleys among items to be sold in dealer bankruptcy auction

Three cars, five Harley-Davidson motorcycles and five boats are among the items from bankrupt Minnesota car dealer Denny Hecker being auctioned off to raise money for creditors. The item list for the May 25 auction in New Germany, Minn., includes a 2004 Cadillac Escalade, a 2004 Mitsubishi Eclipse Spyder convertible and a 2002 Mitsubishi Montero SUV. This is the third sale of Hecker's possessions since last August to raise money for creditors.

Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.