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General Motors board recommends selling Opel to Magna-led group
Thu, 10 Sep 2009General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.
Aston Martin outlines Centenary celebrations
Mon, 17 Dec 2012Aston Martin celebrates its centenary year in 2013 and has outlined plans to celebrate 100 years of Aston Martin. Officially, Aston Martin was founded in 1913 – although it was not until after the first world war ended that they actually started proper production – and with 2013 marking 100 years of Aston Martin there are celebrations planned throughout the year. On 15th January – exactly 100 years since Aston Martin was incorporated – the oldest surviving Aston Martin – the A3 – will join the latest Aston Martin Vanquish at Henniker Mews in Chelsea, where Aston Martin originally operated, to unveil a plaque to commemorate the anniversary with the Aston Martin Heritage Trust Walter Hayes Memorial Lecture taking place that evening with Sir John Standing telling the story of Lionel Martin’s early experiences.
CDN announces second edition of Car Design Glossary
Mon, 01 Sep 2008Car Design New has now published the second edition of the Car Design Glossary. Designed to enable budding designers - and those wishing to describe the products of the designer's imagination - to decipher the language used in automotive studios, the Glossary was devised by David Browne, Course Director of Automotive Design at Coventry University School of Art & Design. He created the compilation of terms as an academic piece of research and collaborated with CDN to help generate feedback on these terms from designers themselves.