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Audi does Vegas
Fri, 07 Jan 2011Rupert Stadler, chairman of Audi AG, became only the third car company executive to deliver a keynote address at the Consumer Electronics Show, and he did it--as all the best Toastmasters do--by starting with a joke. “When I received the invitation to speak here this year, I thought: why don't I bring a nice example of an electronic device made by Audi,” said the chair. “Ladies and gentlemen, meet the Audi E-tron Spyder concept car.
CCS receives $2.5m GM Grant
Tue, 28 Jun 2011General Motors is set to strengthen its longstanding commitment to Detroit's College for Creative Studies with a $2.5 million donation, a contribution that will help the university undertake a $145 million redevelopment of its A. Alfred Taubman Center for Design Education. This is not the first time that GM has given to CCS – the ongoing relationship between them sees members of the GM design team teach and mentor students, while CCS also receives loans of industrial equipment from its Detroit neighbor.
KTM halts production of the X-Bow two-seater as inventory grows
Mon, 24 Aug 2009With sales well below expectations and 80 units reportedly unsold, Austrian motorcycle company KTM has temporarily halted production of the ultralight X-Bow two-seat sports car. KTM officials originally expected sales of 1,000 units a year. But that lofty goal is being scaled back to between 200 and 300 units a year.