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Supercars targeted by vandals

OWNERS of luxury and supercars are reporting increased damage to their cars brought on by jealousy. Many don’t bother to report damage to their cars to the police now as they accept it as part of the risk of owning an expensive car. Called ‘car hate crimes’, the damage to cars such as Porsches.

General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

BMW announces DesignWorksUSA studio and ConnectedDrive lab in Shanghai

BMW has opened both a DesignWorks studio and a ConnectedDrive lab in Shanghai, China, as a means of gathering information and insight into the Chinese market as the company looks to increase its presence in Asia. Adrian van Hooydonk, Director BMW Group Design, said, "Creating this foothold for both BMW Group Design and DesignworksUSA in Shanghai is of great importance from both strategic and creative standpoints." President of BMW Group DesignWorksUSA Laurenz Schaffer said, "Our new studio in Shanghai places DesignworksUSA at the epicenter of the most rapidly growing and influential consumer market in the world and provides an indispensable resource for shaping our global perspectives for clients." The new studio will perform functions including product, transportation, automotive, environmental and interaction design; color, material and finish design; design communication, research and strategy as well as sustainability consulting. Designers from DesignworksUSA studio in Los Angeles, Munich and Singapore will supplement a local design team.