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Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.

Jaguar Land Rover sales drive Tata Motors’ profit

JLR strong sales drive Tata Motors profits Jaguar Land Rover sales rose 41 per cent in the last quarter to £3.75 billion with profits of £440 million, propping up Tata’s domestic decline. When Tata bought Jaguar Land Rover from Ford back in 2008 for $2.3 billion it offered promise for the future, but most analysts thought Tata had made a big mistake buying JLR for so much, just as the world economy started to slip ion to the near depression we’re still fighting. But the analysts were wrong.

Whos Where: David Wilkie joins Mindset

Design Director, David Wilkie, announced last week that he is leaving Bertone to take up a full time position at Mindset AG. Mindset is a new company run by Murat Günak, previously head of Design at Volkswagen, that is developing the electric ‘Commuter' car previewed by Car Design News in February this year. Car Design News spoke with Wilkie about the move, who explained that he'd been working for Mindset part time, leading the design of the Commuter interior for several months now, but "I decided that for the good of Bertone, and for Mindset, that I needed to commit full time to one position; and the appeal of having my hands-on as a designer was very strong; and it's a project I really want to see through properly!" Wilkie is still committed to carrying through several projects at Bertone over the next few weeks as he makes the transition to working with Günak with whom he studied at the Royal College of Art.