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Ssangyong relaunches brand with Giugiaro-designed Korando

Korean brand Ssangyong is back from the dead. After looking odds-on favorite to become another automotive casualty of the global recession after Chinese owner SAIC put it into receivership in early 2009, the 4x4 specialist has found a new owner in 2010 – signing a memorandum of understanding with Indian company Mahindra & Mahindra in August – and has just re-launched its brand with a new car designed by Giugiaro. The fourth-generation Korando mid-sized crossover – prefaced by the C200 concept shown at the April 2009 Seoul motorshow – is due on sale in January 2011 pending the expected completion of the Mahindra deal in November this year.

Ford offers $1 million in automotive design scholarships

After the passing of William Clay Ford Sr., Ford has announced that they will honor his memory and his contribution to the automobile with the creation of scholarships for automotive design students. William Clay Ford Sr., the last grandson of Henry Ford, died last week at the age of 88. Ford worked at the company that bears his name for 57 years, serving as chairman of the design committee for 32 of those years.

Arabian horse inspires bespoke Rolls Royce Phantom Mirage [w/gallery]

Rolls-Royce has created a bespoke Phantom Coupé named Mirage, inspired by the powerful Arabian stallion of the same name that became famous during the 1920s and ‘30s. The one-off car, designed for the United Arab Emirates market, features a matte black exterior with horse's head incorporated into its coachline detail, a motif that continues into the Mugello Red and black interior. There is also silver detailing such as the rope inlay on the front fascia and door capping.