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Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.

First Sight: Holden Torana concept

Holden has stolen the limelight at the opening of the Australian International Motor Show in Sydney, unveiling a ground-up concept car dubbed the Torana TT36. The concept revives a famous Australian nameplate from the 1970s - appropriate since, like the original Torana, it features rear wheel drive and a six cylinder engine. That's where the similarities end, however, as the new Torana's engine is an experimental 280kW/490Nm twin turbocharged version of the new global V6 Holden has begun manufacturing for various parts of the GM world and which will eventually be used by Alfa Romeo.

LTU Inaugural Transportation Design Show

On Thursday 8 May 2008, Lawrence Technological University (LTU) celebrated their Inaugural Transportation Design Freshmen Show at the school's campus in Southfield, Michigan. The Inaugural Show - sponsored Ford Motor Company - exhibited projects completed in a course of a single semester (15 weeks) from sketch to model by six freshman students. The brief was to develop a vehicle concept that utilized Ford's small vehicle platform in order to address environmental issues while attracting new customers.