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GM and Chrysler in merger talks

By Ben Oliver Motor Industry 13 October 2008 09:12 General Motors and Chrysler are in talks to merge and create the world’s biggest car company. Reports in the New York Times and Wall Street Journal say the talks have been underway since the start of October 2008, and sources close to the possible deal put its chances of success at ’50-50’. All three US car makers have seen their sales decimated in recent months and have been forced to deny that they might seek bankruptcy protection.

Cadillac joins Lexus atop study of customer satisfaction

Cadillac joined Lexus as the brand with the most-pleased customers this year, as Detroit makes held three of the top five posts in an annual University of Michigan study of customer satisfaction. Cadillac rose from No. 2 last year to match Lexus with a score of 89 in the American Customer Satisfaction Index, released Tuesday.

Miko's high performance material with an ecological edge

Italian company Miko specializes in the development and production of Dinamica, a high quality ecological microfiber that can be used for anything from car door panels or upholstery to fashion accessories. The faux suede material is produced from a combination of recycled polyester and polyurethane fibers, and is also 100 percent recyclable at the end of its lifecycle. Lorenzo Terraneo, CEO of Miko, says: "Our priority has always been to invest in the research and development of recycled and eco-compatible materials with special characteristics that go far beyond existing qualitative standards." It is a testament to Terraneo's commitment that his company achieved its early aspirations and eco credentials long before concern for the environment and the reduction of carbon emissions was high on the political agenda or prevalent in the public conscience.