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Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.

Subaru SHARC wins LA Design Challenge [w/video]

Subaru's SHARC (Subaru Highway Automated Response Concept) has been named the winner of the 2012 LA Design Challenge. The judges chose the futuristic drone as the best embodiment of the 'Highway Patrol Vehicle 2025' with the judges declaring that the studio captured "the vision of Design Challenge theme by combining functionality and problem-solving technology around a dynamic and plausible story" from a choice of designs from six other automotive design studios. Studios from BMW DesignWorksUSA, General Motors, Honda North America, Honda Japan, Mercedes-Benz submitted concepts that would create a highway patrol vehicle for 2025 that tackled the ‘protect and serve' aspect while considering emissions, population growth and transportation infrastructure.

Hartmut Warkuss to receive 2014 EyesOn Design Catalyst Award

Hartmut Warkuss, former head of Volkswagen Design, will be awarded the 2014 Catalyst Award by EyesOn Design at next week's North American International Auto Show (NAIAS). Warkuss, who is credited with overseeing the design of the Bugatti Veyron, the VW Concept (new Beetle) and the Audi TT Concept, will be presented with the award by Peter Schreyer, Hyundai's president and chief design officer and the 2014 recipient of the EyesOn Design Lifetime Design Achievement Award. Schreyer, who met Warkuss when he was an intern at Audi in 1978, says, "He was chief designer at that time...