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Interior Motives China Conference 2007

There are 1.3 billion people in China, with 38 million cars between them. 7 million new cars were sold last year, nearly 9 million are expected to sell this year - a growth rate of over 25%. Of the 140 different Chinese car companies, the top ten are responsible for 85% of sales.

Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

SPD and Volkswagen Group launch new program

The Scuola Politecnica di Design and Volkswagen Group Design are continuing their partnership on the Transportation and Car Design Masters by offering a program including scholarships and employment opportunities for the very best candidates. This project focuses on the theme of sustainable urban mobility as interpreted by Audi and Skoda. 20 million people are expected to visit Expo 2015 in Milan leading to congestion problems, and so VW Group wants to see a vehicle that is connected to the brand's concept of ‘freedom, versatility, and swift transport'.