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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’

Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.

GM Korea doubles size of its design center

GM has invested $40million in its Korea Design Center, doubling the size of the facility. The expanded studio opened on 25 April, and will give improved support for both exterior and interior design. As well as more studio space, the upgraded facility now includes improved exterior modeling and 3D printing facilities, an outdoor viewing area with three turntables, and a virtual reality studio – the latter allowing design reviews to take place in real time with GM's network of nine other design centers in six other countries around the world.

Ford Police Interceptor revealed, set to hit the streets in 2011

Ford's new Taurus-based squad car is set to go on patrol in late 2011, replacing the venerable Crown Victoria in police fleets across the country. With EcoBoost V6 power and all-wheel drive, the new purpose-built Police Interceptor is a departure from the traditional rear-wheel-drive, V8 Crown Vics which have been a mainstay of police fleets for more than 15 years. It will be offered when production of the Crown Victoria ends late next year.