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IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.

Hyundai previews small SUV with Geneva show concept

For an idea of what Hyundai's next small SUV will look like, pay attention to the concept that debuts at the Geneva motor show next month. We previously knew it as the HED-6, according to the recently released sketch. But Hyundai announced that it is now calling the vehicle the ix-onic (pronounced "ik-sonnik").

CDN-GM Interactive Design Competition - interior phase finalists announced

July 19 saw the CDN-GM competition judging and mentoring teams meet at GM's world HQ in Warren, Michigan, to cast judgment over the 99 entries to the interior phase of the competition. The competition asked design students to develop concepts in response to briefs set by each of GM's four brands – Chevrolet, Cadillac, GMC and Buick. The judges nominated three finalists for each brand, who will be invited to attend the 2012 NAIAS in Detroit.