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Australia's Holden to cease production after 2017, GM says

General Motors, in the latest blow to Australia's auto industry, will end vehicle and engine manufacturing and scale back engineering operations in the country by the end of 2017. The company's Holden unit, a mainstay in Australia for decades, cited the high cost of manufacturing in one of the world's smallest but most competitive markets and one that has also been upended by a steady rise in imports, mostly from southeast Asia. There has been widespread speculation of the move in recent days and earlier Tuesday, in Australia, GM officials said no decision had been made.

Jaguar C-X75 Hybrid Supercar ready for testing

Jaguar are ready to start road testing the C-X75 hybrid supercar next month with a 2014 launch target. Jaguar Land Rover are continuing to move strongly forward with new cars like the 2013 Range Rover, Range Rover Evoque and XF Sportbrake. But for a car maker with aspirations of being one of the leading luxury and performance marques in the world, a halo supercar is a must and Jaguar are looking to the C-X75 hybrid supercar to be their Ferrari F70 or Porsche 918 Spyder.

Lexus launches own Design Award contest

The first Lexus Design Award has been launched that gives the next generation of designers the chance of seeing their work showcased at next year's Milan Design Week. The theme of this global competition is ‘Motion', with Lexus looking for designs that respond to issues 
in daily life that relate to ‘Motion' as well as providing solutions. Two of the ten award winners will then develop prototypes with a renowned designer – either Sam Hecht or Junya Ishigami – acting as their mentor.