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Local Motors Announces Texas Competition

New American car company Local Motors has announced the Texas Motors competition, the 19th design contest initiated by the Boston based start-up company. The deadline for submissions is February 10, 2010. The brief, which asks entrants to design a dynamic and capable hunting vehicle for the gamers of the largest US state, stipulates that the vehicle should be a ready-made solution for hunters of every variety, whether hunting stags or fowl.

Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

Porsche Panamera images leaked

I know, there have been endless spy shots of the Porsche Panamera around for ever. But the car is getting closer, and we now have the first Porsche supplied images surfacing. Not on purpose, mind you.