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Koenigsegg backs out of deal to buy Saab
Tue, 24 Nov 2009Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.
New Porsche Supercar at Detroit Motor Show?
Sat, 04 Dec 2010A new Porsche Carrera at the Detroit Motor Show Porsche has been absent from the Detroit Motor Show for four years, but is planning a return to next month’s show with a bang, according to Porsche spokesman Hans- Gerd Bode. “We’ll have something spectacular to show there,” said Herr Bode. “You’ll have to wait and be surprised.” So what has Porsche got up its sleeve, we wonder?
Report: 10th annual RTT Conference
Fri, 15 May 2009Held 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.