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Maserati Kubang

Maserati today unveiled its new Kubang sport luxury SUV, the Italian brands's first foray into the segment. The Kubang, making its debut at the Frankfurt motor show, is said to be the forerunner of the future Maserati range. Previously revealed in concept form at the 2003 Detroit motor show, Maserati claims the production version of the Kubang maintains the main features of its concept precursor, such as the style, engine, suspensions, brakes, handling and performance. The manufacturer has for years been producing sedans, coupes and two or four-seater convertibles, but the Kubang is the first of its kind to be created by Maserati.

GM Korea doubles size of its design center

GM has invested $40million in its Korea Design Center, doubling the size of the facility. The expanded studio opened on 25 April, and will give improved support for both exterior and interior design. As well as more studio space, the upgraded facility now includes improved exterior modeling and 3D printing facilities, an outdoor viewing area with three turntables, and a virtual reality studio – the latter allowing design reviews to take place in real time with GM's network of nine other design centers in six other countries around the world.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).