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Art Center and Clemson University students unveil Mazda Deep Orange 3 concept

Art Center College of Design and Clemson University students joined forces to design and develop a next-generation Mazda concept, the Deep Orange 3. The Deep Orange 3, which features a body designed by Art Center student Frederick Naaman, has been unveiled at the Center for Automotive Research Management's Briefing Seminars in Ann Arbor, Michigan. The project started with market research focusing on what kind of car Generation Y would want to drive, with the results showing that the majority wanted five or more seats.

BMW delays X3's U.S. launch to push custom orders

BMW is delaying the U.S. introduction of the redesigned X3 to launch a system designed to encourage buyers to custom-order the crossover to their specifications, says Jim O'Donnell, president of BMW of North America. The delay could put the X3 in U.S.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.