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Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

2014 Chevrolet Corvette Stingray: 2013 Detroit Auto Show

Chevrolet has debuted the 2014 Corvette Stingray at the Detroit Motor Show, the most powerful – and fuel efficient – Corvette to date. Revealed at the Detroit Auto Show, the new Corvette – which gets the fabled ‘Stingray’ moniker – comes as standard with a 6.2 litre V8 delivering 450 horses and 450lb/ft of torque which translates in to a properly swift 0-60mph of under four seconds, and yet conspires to offer official economy of 26mpg – just not at the same time. But it looks like the new Corvette may be able to go round corners as well as it goes in a straight line, with a new seven-speed manual ‘box with rev matching driving the power to the rear wheels, and a five position Drive Mode Selector that’s said to tailor 12 vehicle attributes to suit intent and environment.

Infiniti Essence unveiled at the Geneva motor show 2009

By Ben Pulman First Official Pictures 03 March 2009 11:38 This is the Infiniti Essence, a petrol-electric rear-wheel-drive coupe with 592bhp. It’s a concept, built to celebrate Infiniti’s 20th anniversary, but also to preview the company’s future design themes and environmentally friendly technologies, both of which will be essential if the badge is to conquer the UK market later this year. It’s not, but the petrol-electric drivetrain is a glimpse of Infiniti’s future power units.