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Exclusive: Anthony Lo to become VP of Exterior Design at Renault
Fri, 05 Mar 2010In another exclusive, Car Design News has obtained information regarding Anthony Lo's most recent career move. According to our industry contacts, Lo resigned as Director of Advanced Design at General Motors Europe, handing in his papers yesterday morning. He is now set to become Vice President of Exterior Design at Renault, working under recently appointed Design Director Laurens van den Acker.
Avis buys Zipcar and grows car-sharing capabilities internationally
Wed, 02 Jan 2013Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.
Hyundai developing new test centre at Nurburgring
Tue, 15 Jan 2013Hyundai has revealed they are building a new test centre at the Nurburgring to help develop driving dynamics for their European cars. We already know that Hyundai are going to make 2012 a brand building exercise, with much effort going in to raising the experience and profile of the Hyundai of today. Part of that is entering WRC rallying with the i20 for the sprinkle of performance dust it will cover Hyundai’s product range with and, hopefully, point towards a serious intent to develop more extreme versions of their performance models.
