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How Lumiscaphe software delivers for Eagle Ottawa

Real-time visualization software is transforming the speed and ease with which design teams can develop interior proposals, saving time and money in the process, as Lumiscaphe's visualization designer and Eagle Ottawa China's Design Director of the Asia Pacific region discussed with Car Design News. "Until very recently we relied purely on flat and trimmed leather samples and photography when visiting clients," explains Erik Vogas, Eagle Ottawa China's Director of Design, Marketing and Innovation in Shanghai. "Physical samples are always the most compelling, but we are also impacted by the timing and cost constraints of creating those samples.

European new car sales in record LOW

European new car registrations have plunged to their LOWEST level on record after slow August sales reversed an upturn in July. Registrations of 7,841,596 new cars between January-August 2013 marked a new low for the European new car market of 27 countries – so few cars have never previously been recorded since records began in 1990. 2013 UK new car sales forecast revised upwards European new car sales continue to struggle The UK new car market is the sole exception: so far this year, new car registrations have risen 10.4%, compared to the European decline of 5.2% in the same time period.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.