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Kia scoops three design awards

Kia has won three design awards in this year's Automotive Brand Contest, continuing its strong showing in last year's competition. The second-generation cee'd, launched in June, topped the exterior category table as well as receiving an honorary special mention for exceptional innovation in the interior category. The car's exterior features a chrome-framed glasshouse and muscular lines on the bonnet, while inside an ergonomic, driver-oriented control panel impressed the judges enough to receive the special mention.

Zagato & CPP in Joint Venture. Really, they are.

Bentley Zagato - the catalyst for the CPP Zagato deal A couple of weeks ago we reported that CPP – owners of Spyker and Bowler – has quitely gobbled up Milanese Car Design Studio Zagato at some point in 2010. Which made sense. It made sense because it is CPP that builds many of the Zagato cars you can think of.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.