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Exclusive: Derek Jenkins to become Design Director at Mazda

Derek Jenkins, former chief designer at the Volkswagen Group design studio in Santa Monica, will become the new Director of Design at Mazda's R&D Design Center in Irvine, CA. Jenkins, who resigned from Volkswagen on March 17th, will be filling the position previously held by Franz von Holzhausen, who left Mazda in August last year to become Design Director at Tesla Motors. "I'm excited to take on something new," Jenkins told CDN.

Video: BMW M1 Hommage

BMW took the wraps off its latest concept car at the Concorso d'Eleganza in Villa d'Este this past weekend. Called the M1 Hommage, the concept is exactly what it says on the tin: pay homage to the iconic M1 designed by Giorgio Giugiaro, which celebrates its 30th birthday this year. The design of the M1 Hommage concept is a thoroughly modern interpretation of the original - compete with a louvered rear window - but it has grown in size over its thirty year old forebear.

Watch 'The Million Dollar Mustang' part one: Shelby GT350 R

“The Million Dollar Mustang” is not about how much these great cars go for at auctions in today's heady times, but about what made them worth so much in the first place. Nearly five years in the making, the documentary starts out talking about the Ford Mustang in general, how they sold 22,000 of them on the first sales day and then sold a million of them in the first two years and things like that -- the notion that the Mustang was a revolution in American car design and in the American consciousness. Then it starts to narrow its focus more and pretty soon the bulk of the piece is all about the Shelby GT350 R.