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Kia Car Design Award winners announced in Beijing

The first Kia Car Design Award was successfully concluded on 20 May in Beijing, with Chinese student Li Bai being presented the prize for first place by Seon-Ho Youn, Vice President of Kia Design Center. Bai, from Tsinghua Academy of Fine Arts, became the first ever winner of the award for his Kia Rhyme Concept, described by Seon-Ho Youn as "a perfect combination of design and Chinese culture." Bai's luxury sports car concept was inspired by Chinese philosophy, which can be seen in the headlamp design that reflects the traditional Chinese Ba gua, or ‘Eight Diagrams'. These are eight diagrams used in Taoist cosmology that represent the fundamental principles of reality through three lines, each line either 'broken' or 'unbroken', representing either yin or yang.

‘What is new in Alias v2013?' Webinar to take place 15 August

The first Autodesk Webinar of the year is set to take place on 15 August, promising a fascinating insight into the software's new tools and functions. Register here to attend. The first of four Webinars will be entitled ‘What is new in Alias v2013?' and showcases the capabilities of the company's latest software edition.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.