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GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

Royal College of Art Degree Show 2010

Car Design News made its annual pilgrimage to Kensington Gore in central London for the opening of the prestigious Transport Design exhibition. Fifteen students graduated from the course this year all of whose work was viewed by a number of RCA alumni including Patrick Le Quément, David Wilkie and Peter Stevens. As with many of the college exhibitions this year, there was a clear emphasis on sustainability and the reinvention of the paradigms of ‘luxury' and ‘sportiness'.

Full-scale model of 5th Peugeot Design Competition winner revealed in Shanghai

A life-sized model of Carlos Arturo Torres Tovar's RD concept, for which the 26 year old Columbian designer won the 5th Peugeot Design competition, is on display at the Peugeot stand in Shanghai. The 'RD' concept was chosen via an online internet poll and a competition jury headed by Peugeot's Managing Director, Jean Philippe Collin in September last year. The theme for the 2008 competition was 'Imagine the Peugeot in the worldwide megapolis of tomorrow'.