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News watch October 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.

Michelin Recognizes CCS Student Talent

Five senior students from the Transportation Design Department of the College for Creative Studies (CCS) in Detroit have won prestigious design awards at the 21st Annual Michelin-CCS Design Competition. The creative brief for the competition theme "Electrifying - Beautiful, Innovative and Radiant" required the students to submit electric vehicle design solutions they could realistically envision driving in the year 2020, as well as designs which addressed a specific transportation problem or opportunity. Each student also submitted a separate tire/wheel assembly based on Michelin's Active Wheel technology.

New dynamic 3D button touchscreen tech

A pioneering new technology allows touchscreens to ‘grow’ dynamic buttons from flat surfaces. The new technology, developed by US company Tactus Technology, uses minute channels within the screen to siphon liquid into button shaped cavities that then rise when pressed, alleviating some of the muscle-memory and distraction issues often leveled at touchscreens. Craig Ciesla, CEO of Tactus Technology, says that it was his desire to merge the elegance of the iPhone's user interface with the tactility of Blackberry buttons that led to the technology's development.