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EyesOn Design Awards 2010

Outstanding achievement in automotive design was recognized at the fifth annual EyesOn Design Awards held at the 2010 NAIAS in Detroit in January. Top honors were awarded to the GMC Granite urban utility vehicle in the Best Concept Vehicle category, and the Audi A8 luxury sedan for Best Production Vehicle. Frank Saucedo, Director of GM Design's California studio, and Clay Dean, Executive Director GM Advanced Global Design, accepted the award for the GMC Granite Concept and acknowledged the importance of recognition from their design peers.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

2013 Dodge Charger AWD offers Sport package, paddle shifters

Dodge will offer a new Sport package for the all-wheel-drive 2013 Charger sedan. It will be available on all trims except the SRT8, costing $1,395 on the SXT and SXT Plus models and $1,195 on R/T and R/T Plus versions. The Sport package includes a gloss-black grille and surround, 19-inch polished aluminum wheels, all-season performance tires, body-color spoiler and sport seats.