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Ukraine Crisis Could See Fuel Prices Soar

THE RAC has said that the current crisis in Ukraine will see a rise in petrol and diesel prices in the coming weeks. It said fuel traders had already begun to buy up stocks to guard against being caught out in the event of the situation worsening. Furthermore, this will cause prices to increase due to a tightening in supply.

Michelin Announces Finalists for 2011 Challenge Design Competition

The following designers' vehicle concepts will be displayed in the Michelin Challenge Design exhibit from January 10-23, 2011: Colin Pan, China Sang-June Lee, Kyung-Kuk Kim, Seoung-Bin Lee, South Korea 2:1 Industrial Design Team, Brazil Ramon Ramirez, Mexico Carlos Arturo Torres, Colombia Hui Wang, China Sergio Andres Ortiz, Colombia Lukas Kuba, Czech Republic Gunwoong Kim & Suji Kim, South Korea Attila Tari, Hungary Sadegh Samakoush Darounkolayi, Afghanistan Kyu-Hyun Lee, Sol Lee, Hae-Won Jo, South Korea David Cardoso Loureiro, Belgium Ralph Tayler-Webb, United Kingdom Antti Eskeli, Finland Kyoung Soo Na, South Korea Federico Beltran, Ivan Orozco, Edmundo Platt, Mexico Eduard Gray, Sweden Cristian Armando Polanco Sosa, Guatemala Artem Afanasev & Aleksey Kazakov , Russia Shinsuke Aizawa, Japan Jordie Lewis, Canada Xiaowu Huang, China Zhi Min Lin, China Pai-Ching Hu, Taiwan Peixin Li, China Mike Simonian, Maaike Evers, Laure Garreau, USA Gabriel Wartofsky, USA Dario Alejandro Narvaez, Colombia Andrey Alekseev, Russia Marko Lukovic, Serbia Mohammad Ghezel, Iran Hugo Carlos Fernandez, Spain Thierry Dumaine, France We'll bring you more on the finalists' work when we see them on display at the NAIAS next week. But in the meantime, if you'd like to have a chance to see your design shown at the NAIAS next year, enter the 2012 Michelin Challenge Design competition. Pre-registration for the 2012 competition is open until 4 March 2011. Visit the competition website by clicking on the link below: Michelin Challenge Design 2012 Related Articles: Michelin launches 2012 Challenge Design competition Four CCS students win awards in 22nd annual Michelin/CCS competition

Opel not for sale, GM exec says

General Motors Vice Chairman Steve Girsky says Opel is not for sale. "We're developing plans to make Opel work," he said at the Automotive News World Congress on Tuesday. Opel and PSA/Peugeot-Citroen were mentioned as possible targets of Fiat-Chrysler CEO Sergio Marchionne, who said on Monday he may seek to combine his company with another automaker to increase efficiencies and cut development costs.