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Porsche to take majority stake in VW for £7bn
Fri, 07 Mar 2008By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.
Acura NSX concept
Tue, 24 Jan 2012The Acura NSX concept made its world debut at the 2012 NAIAS. Its mid-engine layout dictates its proprtions, which are simpilar to Audi's R8, for example, yet its form language is uniquely lightweight. its face features a wider, more open interpretation of the Acura family graphic, whch is expected to be changed for markets where the car will be sold as a Honda.
CCS - AISI project 2007
Wed, 26 Sep 2007The college for Creative Studies (CCS) has been teaming up with the American Iron and Steel Institute (AISI) since 1989, bringing together imaginative automotive design and steel, the material of choice in the industry. As did last year's program, this summer also saw three engineering students from the University of Michigan (UM) join three CCS transportation design students to develop a concept car. Revolving around an 'Inside Out' theme, students conceptualized, rendered and created a concept vehicle based on a steel exoskeleton design.