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Report: 10th annual RTT Conference

Held at the Old Congress Hall in Munich, the 10th annual RTT Conference was a showcase for Realtime Technologies AG's (RTT) visualization products. Entitled 'Sharing Visions', the event was a platform for the established supplier of virtual prototyping and virtual marketing tools to demonstrate the services it supplies to various industries, principal among which is the automotive design industry. While many of the presentations revolved around the integration of RTT's software to streamline the processes related to marketing and product development, some reflected on the software's ability to facilitate creation and gauge public perception.

BMW to build Gran Coupe to challenge Mercedes-Benz, Porsche

BMW will build its Gran Coupe concept car, the company's development chief Klaus Draeger said. The production Gran Coupe will rival luxury coupe-styled four-door cars such as the Mercedes CLS, Audi's upcoming A7 and the Porsche Panamera. The concept was unveiled at the Beijing auto show in April.

F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!