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Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.

SPD offers scholarships for autumn program with Volkswagen Group

The Scuola Politecnica di Design is giving away eight scholarships for its autumn program in collaboration with the Volkswagen Group. The scholarships are aimed at students with degrees in transportation or car design, automotive engineering or equivalent degrees that show a high level of potential. The successful eight students will be given scholarships and will begin their studies at the Milan-based SPD on October 24. The awarding of the scholarships will be decided by a ‘motivational interview', an evaluation of the student's portfolio and the submission of a conceptual project assignment, with the election process being conducted jointly by the SPD and Volkswagen.

Pforzheim University Winter Degree Show 2010

Pforzheim University held its winter degree show earlier this month, taking over the Congresshall complex in downtown Pforzheim again, rather than the school itself, which is situated on the outskirts of the town. The German school's exhibition covered projects from five graduating Masters' students and eight BA students, with an increasing number of interior projects being tackled, especially by MA students. The exhibition also included work from first-semester Masters students for a vehicle for the nearby spa town of Bad Herrenalb , as well as a 'My First Mercedes' project from fourth and sixth semester undergraduates.