College Exhibition: Pforzheim University Summer Show 2009

Germany's Pforzheim University recently held its summer degree show at the city's Congress Center for students in the school's Transportation Design program. The exhibition included work from nine graduating Masters' students and 13 Diploma students, as well as a Mercedes-Benz-sponsored project by MA students, a Renault-sponsored project by undergraduates in their 4th and 6th semesters and three Volkswagen-sponsored projects. Projects from the graduating MA students included: Porsche P'5200 Stephan Everwin Named after Porsche's product matrix - 5000 being the category for sport and 200 representing water - the Porsche Design sailing yacht considers the holistic sailing experience rather than just the product itself, "It's not about speed, but the experience," Everwin told CDN.

Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.

Local Motors Texas Competition Results

Local Motors has announced the winners of the Texas Motor competition, the independent car company's 19th competition. Tasked with designing a vehicle that was a ready-made solution for sportsmen in the great state of Texas, entrants were asked to submit their creations via the Local Motors website. The winning design, selected by members of the Local Motors community, was created by Acatrinei Lucian Nicolae.