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Ferrari unveils a challenging 458
Wed, 14 Jul 2010Ferrari took the wraps off the 458 Challenge on Wednesday in Maranello, Italy, at the company's annual dealer meeting. The new car replaces the F430 Challenge in the 2011 Ferrari Challenge Trofeo Pirelli, which is being extended to include a new Asia-Pacific series. Based on the 458 ("Forza-5-8," AW, Nov.
Saturn has interested buyers, GM says
Fri, 06 Mar 2009Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.
Mercedes-Benz inaugurates Advanced Design Studio in Beijing, China
Fri, 22 Jul 2011Mercedes-Benz inaugurated its global Advanced Design Center in Beijing, China, yesterday, Thursday July 21. The Beijing design center, Daimler's fifth advanced design studio worldwide, further reinforces the growing importance of the Chinese auto market and Beijing in particular; the city is increasingly influencing changing needs and trends. The new 1,000 square meter Advanced Design Studio employs a total of around 20 designers who will contribute to the future design of Mercedes-Benz automobiles, competing and working with the company's other studios in Germany, Italy, Japan and the USA.