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New Mexican Supercar company to launch VUHL 05 at Goodwood FoS

A new track-focused, road-legal supercar from Mexican manufacturer Vuhl – the VUHL o5 – will launch at the Goodwood Festival of Speed. Supercar companies spring up all over the place with men in sheds thinking they can take on established supercar makers and take a part of the supercar market in the process. Most fail to get beyond CAD renderings of their dream, but a new Supercar company from Mexico – Vuhl – has the help of established automotive industry names like Ford and Magna Steyr, and they’re promising to reveal their new car – the VUHL 05 – at this year’s Goodwood Festival of Speed in July.

Fiat plans seven vehicles for U.S.

Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance--four with Chrysler brands and three as Fiats or Alfa Romeos. The vehicles will be built at Chrysler plants in North America and sold through select Chrysler, Dodge and Jeep dealerships, according to sources who have seen the product-sharing agreement.

GM opens Advanced Design Studio in Seoul

General Motors has opened a new Advanced Design Studio in Seoul, Korea, the American automaker announced today (April 20). GM is set to leverage its position in the trendy Gangnam area of the Korean city, recently coined the 2010 World Design Capital. The Gangnam location puts the Seoul Advanced Design Studio in the heart of the nation's center of culture, the arts, fashion and industry.