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Ultra-rare 1936 Bugatti Type 57SC Atlantic sold

A 1936 Bugatti Type 57SC Atlantic was sold to an undisclosed buyer, auction house Gooding & Co. said on Wednesday. The price was not revealed, but it's believed to have sold for between $30 million and $40 million.

Peugeot Design Lab launched

PSA has launched its new Peugeot Design Lab to design products, services and experiences for clients outside the automotive industry. Peugeot Design Lab, a global brand design studio, is located within the Peugeot Design Centre and utilizes the existing technical and human resources expertise in order to draw from the many years of design experience of the design team. It also comprises of designers from studios from across three continents in Paris, Shanghai and Sao Paolo.

Audi recruits German and Mexican students to design A0 monocycle

Audi has teamed up with German and Mexican engineering and design students for a project that has resulted in the A0 electric monocycle. Resembling a seated Segway with a hubless wheel, information about this project follows hot on the heels of the Urban Concept, and suggests Audi following the lead of BMW in seriously looking at new ways of improving mobility in cities. The project, conducted by the Technical University of Munich and National Autonomous University of Mexico, was sponsored by the Audi Design Research Center Munich, and conducted under the supervision of Klemens Rossnagel, Head of Audi Design Research Center.