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Gesture-controlled Audi wins VDA Design Award

The German Association of the Automotive Industry (VDA) has announced the winner of its 2013 Design Awards, which asked students from across the world to submit their final graduating projects completed between October 2011 and July 2013. Eric Leong from Sweden's Umeå Institute of Design, came in first place with his 'Audi Elite' project, earning himself €4,000. Leong's single-person vehicle can be controlled using the entire body through gestures and movements, and adapts to the needs of the driver, giving them more control.

Britain to be third global production site for the Nissan Leaf EV after Japan, U.S.

Nissan Motor Co. said it will build the new Leaf electric vehicle at Britain's Sunderland assembly plant starting in early 2013, with initial capacity of 50,000 units. The Japanese company and its French alliance partner Renault will invest more than $642.6 million in the project, including the construction of a lithium ion battery plant on the site.

GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.