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GM officially bankrupt
Mon, 01 Jun 2009GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).
Video: FiDU technology creating lightweight, inflatable metal structures
Mon, 30 Apr 2012This short video, featuring designer Oskar Zieta, details the process and design possibilities behind products developed with FiDU (Freie Innendruck Umformung – "free internal pressure forming") technology. Zieta, a Polish designer, explains how the lightweight yet robust metal appears as a soft object yet when you touch it you realize that it is actually a hard metal. "Working with FIDU technology is similar to carving clay," Zieta explains.
Renault Alpine A110-50 (2012) first official pics
Fri, 25 May 2012After last week's leak, here is the official announcement of the Renault Alpine A110-50. These new photos reveal a mid-engined sports car shadowing the Renault Dezir, but with an Alpine twist. As hinted at by that name, the A110-50 doffs its cap to the golden anniversary of the original Alpine A110 - as does that Alpine Blue paint job.