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Nissan opens new design studio in Beijing

Delayed by the deadly earthquake that hit Japan earlier this year, Nissan Motor Co.'s new design center in Beijing finally received a proper opening this week, when global design chief Shiro Nakamura showed off the studio as a new source of ideas for Nissan and Infiniti. Nissan Design China, as the Beijing-based center is known, "is not a studio to just generate ideas for China," Nakamura said in an interview with Car Design News. It's equipped to handle designs of show cars and production cars for both Nissan and Infiniti brands, aimed at customers in China, as well as around the world.

Mazda Design Workshop 2010

Milan is home to Italy's most famous fashion labels. But the Italian city is also firmly entrenched in modern industrial design, having developed into a significant player during the country's post-war era. Intrinsically linked to the creation of some of the most lauded architectural projects, such as the Torre Velasca and the Pirelli Tower, the dynamic metropolis is brimming with inspiration for designers working in all facets of the industry.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.