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SPD and Volkswagen Group launch new program
Tue, 04 Sep 2012The Scuola Politecnica di Design and Volkswagen Group Design are continuing their partnership on the Transportation and Car Design Masters by offering a program including scholarships and employment opportunities for the very best candidates. This project focuses on the theme of sustainable urban mobility as interpreted by Audi and Skoda. 20 million people are expected to visit Expo 2015 in Milan leading to congestion problems, and so VW Group wants to see a vehicle that is connected to the brand's concept of ‘freedom, versatility, and swift transport'.
GM board will again delay decision on Opel's future, report says
Tue, 08 Sep 2009General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.
U.S. says 90 percent of clunker claims have been approved
Tue, 22 Sep 2009The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.