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Spyker signs deal with China's Hawtai Motor to raise funds for Saab
Tue, 03 May 2011Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.
GM closes UK Advanced Design Studio
Tue, 09 Aug 2011CDN has learnt that General Motors is closing its UK Advanced Design Studio as part of its ongoing restructuring program. Clay Dean, GM's executive director of advanced global design and Cadillac's brand director, arrived at the studio on 4 August to announce the closure to staff. The UK studio, which opened in 1999, was predominantly involved in the creation of Cadillac concept cars and was originally planned to be a short-term confidential operation as the smallest of GM's design studios.
CAR's review of 2009: photos of the year
Sun, 27 Dec 2009CAR designers Andy Franklin and Alex Tapley have pored over our photographers' output from 2009 and announced their favourite pictures of the year. We've set up a slideshow in the player below and you can flick back and forwards through CAR Magazine's best photos. CAR's famous for the quality of its photography and it's a tradition we're happy to uphold.