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Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

Camouflaged Cadillac ELR spotted on the road

Autoweek reader Josh Lindquist recently snapped these photos of what may be a camouflaged Cadillac ELR cruising around metropolitan Detroit. While the photos don't show the car from every angle, its lines are strikingly similar to those on the ELR featured on Cadillac's official Web site. The ELR first appeared as the Cadillac Converj concept in 2009.

Visteon unveils C-Beyond concept

Car Design News was recently invited to a preview of Visteon's C-Beyond concept, which makes its full debut at the Paris motor show in September. Based on a Citroën C4 Picasso, the C-Beyond is a showcase for new technologies – primarily focused on the car's interior, which permit a degree of flexibility and design expression. The C-Beyond simply looks like a C4 Picasso that incorporates new LED lighting technology.