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1910 Flying Merkel is top seller at Vegas auction
Wed, 18 Jan 2012Auctions America by RM enjoyed a successful debut in Las Vegas this past weekend, selling more than $4.1 million worth of vintage motorcycles, with an impressive 82 percent sell-through rate of all lots offered. The event at the Rio All-Suite Hotel & Casino Jan. 12-14 had strong attendance, with thousands of enthusiasts gathering to see 490 motorcycles and a range of bike-related memorabilia cross the auction block.
Car Design News Contest
Mon, 07 Apr 2008As one judge, Geert Jan Schellekens, Principal Automotive and Industrial Designer at SABIC Innovative Plastics, said; "From several hundred entries to 20 finalists in a day's time - what could have turned out to be a cumbersome process, if not a bureaucratic nightmare, actually became an intensive yet fun session with many intriguing and interesting interpretations of the contest brief - fuelling some lively discussions!" Another strong impression from judges was also of the variety of design entry and the effort that had been put into them, as Dale Harrow said: "I'm very impressed with the standard, and particularly with the diversity of entries to the contest". Derek Buckmaster,Global Market Director, Body Panels & Glazing for SABIC Innovative Plastics, said: "I was surprised by the depth of thought which the entrants had put into their designs to meet the diverse needs of the three 'milenniumites' described in the design brief. The designs displayed numerous approaches to meeting the environmentally-friendly and light-weight goals." All designs were considered relative to the Assessment Criteria a critically important part of the contest, created to ensure as much fairness in the process as possible and detailed in the Contest part of Car Design News.
Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.