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Local Motors 'Design Our Car' competition opens

Local Motors has opened its first-ever ‘Design Our Car' competition, which encourages collaboration within the manufacturing community. The open-source automaker is providing two of its Rally Fighter cars, one of which will be built at the company's micro-factory in Arizona while the other will be built live in the Emerging Technology Center at September's International Manufacturing Technology Show (IMTS) in Chicago. Ideas from the design and engineering community are being sought to help design and select a skin for the Rally Fighter that will be built by the Local Motors team this spring.

Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Audi Q5 Cabriolet rumours gather speed

The Audi Q5 Cabriolet - another niche for Audi We all laughed when Audi brought us a Cabriolet SUV in 2007 with the Cross Cabriolet Concept. Who on earth would ever contemplate chopping the top off an SUV for anything other than a Concept we all said? Turns out that Nissan would. We first heard rumours about a drop-top Murano early last year and decided they were mad.