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CDOTY awards presented at Auto Design Night Geneva

Car Design News, in partnership with Interior Motives magazine, hosted the fourth annual Auto Design Night event at La Sip nightclub in Geneva last night. With more than 300 attendees reading like a who's who in automotive design, designers were able to reconnect with old friends and make new acquaintances in a comfortable and inviting environment.  One of the highlights of the evening's festivities included the presentation of the fourth annual Car Design News Car Design of the Year Awards (CDOTY), recognizing the most publicly acclaimed concept and production car designs of 2008. Car Design News Editor Eric Gallina presented the award to BMW Group Design in the Concept Car category and General Motors Design for the Production Design category.

U.S. sales of quirky 5-series GT disappoint BMW

BMW's 5-series Gran Turismo was meant to be a stylish alternative to minivans and crossovers when it debuted in November 2009. But sales of the tall, quirky five-door have been disappointing. Now, BMW of North America CEO Jim O'Donnell says he wishes the company hadn't stopped selling the 5-series wagon in the United States last year.

CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.

Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.