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Lincoln MKT concept

By Liz Turner First Official Pictures 14 January 2008 17:27 Ford’s Geordie design boss, Peter Horbury is working hard to return long-neglected Lincoln from a brand driven by old ladies with poodles to the kind of luxury car presidents might ride (or get assassinated) in. The T in MKT stands for Touring, and he says: ‘When I think of touring, I imagine long journeys in extreme comfort.’ So passengers sit in seats inspired by the first-class cabin of an aircraft, surrounded by fine wood, leather and silk. It’s guilt-free luxury, though.

Mazda Furai concept: first official pictures

By Ben Pulman First Official Pictures 09 January 2008 09:37 The new Furai is designed to blend the boundaries between road cars and race cars, according to Mazda. The Japanese company claims that on any given weekend there are more Mazdas and Mazda-powered cars pounding the racetracks of the USA than of any other make. And to celebrate this, and 40 years of the rotary engine, Mazda has given us the Furai concept.

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.