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Marcello Gandini receives Car Design News Lifetime Achievement Award [w/video]

Marcello Gandini was last night the recipient of Car Design News' Lifetime Achievement Award. The legendary designer's career spans over 50 years, in which time he has been responsible for some of the most spectacular and innovative cars. From the Lancia Stratos Zero to the Lamborghini Countach via the Alfa Romeo Carabo and Citroen BX.

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.

BMW to make Super Bowl comeback

BMW North America is returning to the Super Bowl after a 10-year hiatus, as the car maker enters one of the busiest periods of new model and product launches in its history. According to the auto manufacturer--which globally operates out of Germany but has U.S. headquarters in Woodcliff Lake, N.J.--between 2010 and 2011, over 60 percent of its total inventory will be new vehicles.