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Saab China Deal: Chinese Government support ‘In Principal’
Tue, 01 Nov 2011Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.
BMW announces DesignWorksUSA studio and ConnectedDrive lab in Shanghai
Mon, 30 Apr 2012BMW has opened both a DesignWorks studio and a ConnectedDrive lab in Shanghai, China, as a means of gathering information and insight into the Chinese market as the company looks to increase its presence in Asia. Adrian van Hooydonk, Director BMW Group Design, said, "Creating this foothold for both BMW Group Design and DesignworksUSA in Shanghai is of great importance from both strategic and creative standpoints." President of BMW Group DesignWorksUSA Laurenz Schaffer said, "Our new studio in Shanghai places DesignworksUSA at the epicenter of the most rapidly growing and influential consumer market in the world and provides an indispensable resource for shaping our global perspectives for clients." The new studio will perform functions including product, transportation, automotive, environmental and interaction design; color, material and finish design; design communication, research and strategy as well as sustainability consulting. Designers from DesignworksUSA studio in Los Angeles, Munich and Singapore will supplement a local design team.
Ford engine plant builds number 10 million
Wed, 18 Feb 2009Ford's 90-degree, overhead-cam Modular V8 has covered a wide spectrum since it was introduced in 1991--powering luxury cars, SUVs, pickups and high-performance sports cars. A large number of those engines have come from a Ford plant in Romeo, Mich., which has now built its 10-millionth engine--a 4.6-liter V8 that is headed for a 2010 Mustang GT. The Romeo engine plant was converted from a tractor factory.