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Kia promotes design chief Schreyer

Kia Motors Corp. has promoted design chief Peter Schreyer to president. He's the first non-Korean to attain the position at Kia.

NO SIGN OF SLUMP IN VALUES ACCORDING TO LATEST REPORT

DEMAND continued to keep values relatively firm in the used commercial vehicle market in February, according to leading vehicle auction specialist, British Car Auctions (BCA). Despite volumes rising sharply average values fell by £76 (1.8%) in February while sold volumes increased by nearly 13% over the same period, following a near 50% increase between December and January. Average monthly values have broadly remained between £4,000 and £4,200 since summer 2010.

Bentley future design competition held at Hongik University, South Korea

Bentley has held its first design competition in collaboration with a university outside the UK. Director of design, Luc Donckerwolke, and head of exterior and advanced design, Sangyup Lee, tasked students at Hongik University in Seoul with designing a Bentley that would be released in 2040. In addition to looking to the future, students were asked to take the Bentley 'Blue Train' as inspiration: the car driven by three-time Le Mans-winner, Woolf Barnato, who, in March 1930, bet £100 that he could drive his Bentley from Cannes in the south of France to The Conservative Club in London in the time it took the luxurious Blue Train to travel from Cannes to Calais on the English Channel.