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Ferrari P4/5 designer Castriota heads to Saab

Jason Castriota, the noted designer who created the Ferrari P4/5 and the Maserati GranTurismo, is taking his talents to Saab. He will be in charge of design for the Swedish automaker as it looks to develop a new image after being sold by former parent General Motors, Bloomberg News reports. Castriota will work on developing an upscale model of the 9-3 and will try to bolster Saab to better compete with BMW and Audi.

Porsche preps a Panamera wagon concept for Paris motor show

Porsche will preview plans for a Panamera-based wagon concept in September at the Paris motor show. It is set to provide telling clues for the direction of a production version that could arrive in several years. This would lend an additional element for increasing Porsche's sales as part of parent company Volkswagen's ambitious growth strategy.

Mercedes McLaren SLR Stirling Moss unveiled

By Ben Pulman First Official Pictures 22 December 2008 10:46 Mercedes has ignored the credit crunch – and the plethora of other special edition SLRs – and launched the €750,000 (c. £710k) SLR Stirling Moss speedster as a farewell tribute to its McMerc supercar. Just 75 will be built and each will pack 641bhp.