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Porsche opens new Weissach design studio

Porsche has officially opened its new design center. Located at its Weissach development center, the facility includes interior and exterior design departments, plus a dedicated area for concept car construction. According to Porsche chairman, Matthias Müller, the architecture of the new studio has been designed to allow the firm's "creative developers to work hand-in-hand even more methodically than before." The new design center is one of three new buildings opened at the site, which have been built as part of a $200million investment at Weissach.

New panoramic 360-degree parking camera unveiled

By Digby Fullam First Official Pictures 18 November 2008 14:13 Having trouble parking? Japanese manufacturer Fujitsu has announced the world’s first 360-degree camera for cars, giving drivers a panoramic view of what’s around them. It’s a slightly controversial claim, as Nissan showed a similar system in 2007, but Fujitsu says its new camera has various technical firsts.

U.S. says 90 percent of clunker claims have been approved

The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.