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Umea Institute of Design prepares for annual Degree Exhibition

Another end of term approaches and the Masters students from the Umea Institute of Design in the north of Sweden have just presented a preview of their final thesis projects. There are 22 graduating students in total, eight of whom are from the Masters course in Transportation Design. Transportation Design is one of three MA courses offered at the Umea Institute of Design - the others are Advanced Product Design and Interaction Design.

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Lexus LF-Gh concept (2011) first official pictures

Lexus has released additional details of the LF-Gh concept, due to be unveiled at next week’s 2011 New York motor show. Unlike our earlier story, the latest information includes some clear images of the LF-Gh in its entirety… The Lexus LF-Gh concept looks angry from the front, doesn’t it? Indeed.