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Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.

Braunschweig University of Art Show 2005

Transportation Design students from Braunschweig University of Art in Germany presented their work at the 2005 graduation show held in July. The show displayed final thesis projects as well as projects from the last term. Graduating student Ingo Brueckmann presented an open roadster as his diploma project.

Speed launches Internet channel as pipeline to show more races

The Speed Channel, usually relegated to the upper-hundreds on the cable-channel spectrum, is launching a new broadband channel on the Internet. Speed2 will only be available to current Speed subscribers and will have at least a dozen race series that normally don't make it to the TV channel. Subscribers of the cable channel will go through a short authentication process to access the network.