(Porsche)
Porsche celebrates 60 with two contests
To celebrate its 60th anniversary in the U.S., Porsche is searching for the oldest Porsche in the country, as well as the oldest in 12 model categories. The oldest Porsches and their owners will receive special recognition and awards, including being featured in an exhibit at the Porsche Museum in Stuttgart, Germany. Have a newer model? The automaker is also sponsoring an essay contest for owners passionate about their Porsches. Three winners get an all-expense-paid trip the Porsche Sport Driving School in Birmingham, Ala. To enter both contests, go to Porsche60Years.com.
--NWautos staff
(Bright Automotive)
GM Ventures makes initial investment
General Motors' $100 million venture capital fund is considering more than 70 ideas for investments, ranging from auto startups to new vehicle technologies. GM Ventures LLC, formed in June, made its first investment this month: $5 million into an Indiana hybrid commercial truck, Bright Automotive. Investment proposals have also come from GM's powertrain, engineering, purchasing, and research and development arms around the world. For Bright, the money is aimed at helping speed production of the IDEA (shown above), a plug-in hybrid commercial vehicle expected to launch in 2013 or 2014.
--New York Times News Service
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