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News watch October 2011: today's auto industry news
Mon, 31 Oct 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
Hot seats: from design to delivery [sponsored]
Thu, 21 Aug 2014As the user demands on car interiors are increasingly influenced by their growing design consciousness, so suppliers like Lear strive to bring better-engineered seating to satisfy. 2013 was another big year for Lear, as Jeanette Puig-Pey, its global fabric & leather design manager, enthuses: "At our ‘Design2Perform' event we celebrated the unveiling of our brand new collection, with special emphasis on color and texture and our TeXstyle Enhance product, perfect for customization. Laser etching is part of this offering, it is exclusive to Lear Corporation and can be used to add refined design elements to cloth and leather." A mix of fabric and leather in seating is not new but is often seen by the consumer as a cheaper alternative to full leather.
Toyota hands over small-car development to its European unit
Tue, 20 Dec 2011Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.