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Skoda Rapid launches in India. Is this the Skoda MissionL for Europe?

Is the Skoda Rapide for India the MissionL Concept from Frankfurt? Skoda revealed the MissionL Concept at Frankfurt last month, a Skoda aiming to plug the gap between the Fabia and Octavia. At the time we commented that the MissionL could turn up in India before it did in Europe, and it looks like it has – as the new Skoda Rapid.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.

Report: 10th annual RTT Conference

Held at the Old Congress Hall in Munich, the 10th annual RTT Conference was a showcase for Realtime Technologies AG's (RTT) visualization products. Entitled 'Sharing Visions', the event was a platform for the established supplier of virtual prototyping and virtual marketing tools to demonstrate the services it supplies to various industries, principal among which is the automotive design industry. While many of the presentations revolved around the integration of RTT's software to streamline the processes related to marketing and product development, some reflected on the software's ability to facilitate creation and gauge public perception.