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NEVS completes Saab purchase

National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.

Hong-ik University Degree Show 2010

2010 saw the students of Korea's Hong-ik University showcase their interpretations of ‘Stimulating urban lifestyles'. The 12th annual degree show at the University centered on creating a ‘Whole new, different kind of urban vehicle.' 18 final year transportation design students took on the brief, with underlying themes such as crash safety, versatility and the ability to adapt the vehicle to suit varying driver needs appearing throughout the students' work. Trigon Jaewook Yoo Yoo's thinking behind this Honda branded concept is the freeform surface.

Audi ARE buying Ducati

Audi to buy Ducati Audi has entered in to an exclusive deal to buy supercar bike maker Ducati in a deal said to be worth €250 million. The ‘For Sale’ sign has been discretely above the door at superbike maker Ducati for some time, and the money has been on Mercedes snapping up some two-wheeled prestige to add to its four-wheel stable. But it now looks like Audi has beaten them to the prize and look set to buy Ducatti.