Holley 45-457 on 2040-parts.com

Hyundai global design teams develop 'My Baby' internal project contest ideas

Hyundai has revealed the designs submitted for its 'My Baby' global internal design project. The project – a biennial contest that started in 2008 – asked the carmaker's design teams to use ‘new thinking' to preview a future without technological or manufacturing limits. Hyundai designers from bases in Korea, the USA, China, Japan, Europe and India were also tasked with reinterpreting and developing the carmaker's ‘Fluidic Sculpture' design language.

Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.

Ford lines up Mark Fields to succeed Alan Mulally

Ford Motor Co. has named Mark Fields its chief operating officer, putting him in line to succeed CEO Alan Mulally when he retires no sooner than the end of 2014. The appointment of Fields, 51, who has been president of Ford's Americas unit, was part of a sweeping overhaul of executive ranks unveiled Thursday.