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College Exhibition: Scuola Politecnica di Design Milan 2006
Tue, 22 Aug 2006Students from the Car Design Masters course at Scuola Politecnica di Design Milan presented concepts for an Audi Avant for 2015 at the school's studios in late June. The presentation of the Audi-sponsored project was made to Walter de'Silva, Design Director Audi Brand Group, who was actively involved in the project along with Audi designers Gary Telaak for the exterior design and Ingo Von Bargen for the interior. In October the students were assigned the task by Walter de'Silva of giving shape to the evolution of the Audi Avant concept.
One Lap of the Web: High plains drifters, Vettel FX and supercars in London
Fri, 05 Jul 2013We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. YoTtube user Munch997 uploaded eight minutes of supercar glory, filmed on London streets.
Saab unable to pay wages as financing crisis deepens
Fri, 24 Jun 2011Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.' While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.