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One Lap of the Web: Porsche product planning secrets leaked, a visit Ferrari factory circa 1988 and the $30 million Chevy Nova

-- A Porsche insider might have just leaked all of the German automaker's big reveals for the next few years if a photo posted at Jalopnik can be trusted. There aren't any real earth-shakers here, but be on the lookout for a Boxster and Cayman GTS, the Macan and an old-school targa top for the 911http://edit.autoweek.com/apps/pbcsedit.dll/red# at the next few auto shows. -- How much is a '75 Chevrolet Nova worth to you?

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

2009 Michelin Challenge Design theme announced

Michelin today announced the 2009 theme for its global vehicle design competition, Michelin Challenge Design (MCD), asking entrants to explore the future of transportation and share their brave and bold vision for 'America's Next Iconic Vehicle.' Designers this year are asked to render unique vehicle concepts that demonstrate emotional appeal, design courage and technical execution. Additional consideration will be given to entries with attributes that benefit safety and the environment and include a separate rendering of the tire and wheel component assembly.   Vehicle designs that best represent "Brave + Bold, America's Next Iconic Vehicle" will be reviewed by a jury of professional designers whose names will be announced later in 2008.