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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.

Autoweek Design Forum returns with style

Creating striking products for a new generation of consumers was a hot topic at the Autoweek Design Forum, which returned on Thursday with an A-list panel of designers from the car world and a man credited with the proliferation of the Apple iPod. Heady company, and it resulted in interesting speeches and debates about design, technology and marketing--and making it all work together. The annual event is held at the College for Creative Studies A.

Infiniti JX Tease – we made it to the end!

Infiniti JX Concept - the tease ends We bit the bullet when Infiniti got to tease two of the Infiniti JX Concept, and we’ve managed to stick with it all the way through until this, tease six – the final piece of the jigsaw. Well, apart from the interior, that is, but we’ll have to wait until Pebble for that. This time Infiniti tease us with the only view we haven’t had so far of the JX - the front three quarters.