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Interior Motives China Conference 2014 – Day 1

The seventh edition of the Interior Motive's China Conference has just taken place in Beijing, ahead of the world's most important motor show and in the world's largest car market. The theme of this year's event, ‘Mobilising the new urban landscape' is extremely pertinent to anyone who has experienced the city's congestion and its air quality. During the event's two days, the presenters explored our future relationship with the automobile, from increasing levels of autonomous drive in our cars, to the varied definitions of the word luxury, and how that impacts on customer expectations right across the globe.

Design Contest: Terra Prix 2085

Local Motors is back once again with another design competition. Unlike previous contests that aim to produce cars through open source design, the Terra Prix 2085 contest is set firmly in the future. As the name would suggest, the concept is based around the idea of future motorsport: an around the world race taking in all continents and every variety of terrain.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.