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Global Vehicle Architecture opens new fully-equipped 3D Design Studio in Beijing

Global Vehicle Architecture (GVA) – a specialist independent design company encompassing all forms of transportation design – has opened a fully-equipped design studio in Beijing to cater for the growing  demand for design support services. GVA is unique in that it is the first European automotive designer led facility of its kind in China offering complete in-house modeling capabilities. The 2,000 square-meter studio, situated only 10 minutes from the 798 Art district and in close proximity to Beijing's airport, boasts extensive facilities including an 18-meter plate area, and prototype car build capabilities.

KTM halts production of the X-Bow two-seater as inventory grows

With sales well below expectations and 80 units reportedly unsold, Austrian motorcycle company KTM has temporarily halted production of the ultralight X-Bow two-seat sports car. KTM officials originally expected sales of 1,000 units a year. But that lofty goal is being scaled back to between 200 and 300 units a year.

Audi sets 2012 A7 prices for U.S.

The 2012 Audi A7 hits U.S. showrooms later this month with a sticker price of $60,125, including the destination fee. The four-door is largely unchanged from 2011.