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Peugeot Design Contest 2008

Carlos Arturo Torres Tovar from Colombia was last week announced as the winner of the 5th annual Peugeot Design Contest at the 2008 Mondial de l'Automobile in Paris. The 25 year old designer's winning 'RD' concept was chosen via an online internet poll and a competition jury headed by Peugeot's Managing Director, Jean Philippe Collin. This year's contest asked designers to "Imagine the Peugeot in the worldwide megalopolis of tomorrow" and to then design a car that could evolve with the cities of the future, while retaining the key values of the 21st century.

Hyundai vows 50 mpg for U.S. lineup by 2025

Hyundai's entire U.S. vehicle lineup will achieve an average of 50 mpg by 2025, Hyundai Motor America CEO John Krafcik pledged on Wednesday. Speaking at the Management Briefing Seminars in Traverse City, Mich., Krafcik said Hyundai's U.S.

Saturn has interested buyers, GM says

Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.