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BMW to EXPORT 5-Series from China
Sat, 26 Nov 2011BMW are to export China made 5-Series cars When you think about luxury cars in China, you think of big imports from the West at premium prices for newly wealthy Chinese. But BMW are planning to turn that on its head. BMW’s China CEO has revealed that before the end of 2011 we’ll see Brilliance-BMW 5-Series cars being exported to neighbouring Asian countries, as BMW seeks to cash in on its low cost, low duty China manufacturing facility.
Moody's boosts Ford's credit rating
Wed, 23 May 2012Moody's Investors Service upgraded Ford Motor Co.'s debt to investment grade, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. Moody's is the second agency to upgrade Ford's debt from junk status, paving the way for the company to recover assets it mortgaged in 2006 to stave off bankruptcy. The company raised $23.5 billion in a move that allowed it to avoid government bailouts or bankruptcy when the industry collapsed in 2008.
Northumbria University degree show 2010
Fri, 06 Aug 2010Northumbria University's Transportation Design undergraduate degree course has gained a strong reputation over its relatively short history. Once an entirely independent course, it is now more closely aligned with the Design School's highly regarded Industrial Design program. This year, 16 students displayed a wide range of projects from traditional automotive designs through to more product design work as disparate as storage and even a publishing solution.