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Call for Entries: CDN-GM Interactive Design Competition 2012

With temperatures soaring across North America, there's no better time to hunker down in an air-conditioned room with your pen, vellum, and markers (or, more realistically, your computer and tablet) and get working on your entries into the GM Interactive Design Competition 2012.  It's only been a month since the official launch of the 2012 GM Interactive Design Competition and we're already seeing strong participation and a very high level of quality for the entries. Open to all full-time college or university students from across the US and Canada, this competition is a great way to gain exposure, but also to keep up and improve your skills over the summer. With five paid internships (housing included) at GM's studios in Warren, MI up for grabs, there's no better launchpad for your career in the automotive industry, and getting your entries online early also gives you a head-start on the competition by allowing the public and mentors to critique and review your work.

Saab: Muller seeking €600 million Chinese Bank loan to placate GM

Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.

Toyota & Lexus: Hybrid sales in Europe hit 20%

The ‘Green’ evangelists want to get us all driving electric cars to save the planet, but in the real world car drivers want a car that offers them all the practicality of a normal ICE car, but without the penalties of the poor range, high cost and inconvenience of an EV. So, with ever-rising fuel costs, it’s no wonder car buyers are willing to pay a little more for a car that offers better economy at the pumps – which plays straight in to the hands of Hybrid pioneers Toyota. The result is that Toyota and Lexus now see a full 20 per cent of their sale in Europe being hybrid cars in the first quarter of 2013, with sales of hybrid cars up a massive 82 per cent year-on-year.