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Donato Coco announced as new Ferrari Design Chief

Donato Coco has been appointed as Ferrari's new Chief Designer, starting November 14. It is a move that fills the void left by Frank Stephenson, who earlier this year moved to head the Fiat, Lancia and Light Commercial Vehicles styling center. "Coco will have the job of stimulating and directing the creativity of Ferrari's partners, which in terms of styling include our historic partnership with Pininfarina," Ferrari said.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

Why we won't be running CDNLive coverage from the Beijing motor show

Over the last couple of years we've grown our CDNLive motor show coverage from the world's most important motor shows, in an effort to bring you closer to all the new cars and news as well as highlighting some of the things you might miss. It's one of our the key content streams that we feel sets us apart from the deluge of auto show coverage. However as you can imagine it also takes a huge amount of time and effort, not to mention a good internet connection.