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China's Pang Da, Youngman agree to buy Saab

Chinese firms Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co. have agreed to buy Saab for $142 million (100 million euros).

Peter Stevens and Julian Thomson lead a discussion on the past, present and future of car design

As part of its sponsorship of London's Clerkenwell Design Week, Jaguar and the Royal College of Art brought together three generations of the design school to discuss the past, present and possible future of car design. Held in a suitably grimy warehouse in east London – with the sculpture by RCA students Ewan Gallimore and Claire Mille's we showed you earlier this week sat outside – Professor Dale Harrow, dean of the School of Design and head of its Vehicle Design program introduced Professor Peter Stevens, Julian Thomson, Jaguar's advanced design director and Alexandra Palmowski project designer advanced colour and material at Jaguar took the audience through their careers. Charismatic as ever, Peter Stevens kicked off proceedings that moved chronologically through the decades by explaining how he first became interested in "the art if car design, allied to the science of how they work" through his artistic parents and uncle – journalist and motoring adventurer – Denis Jenkinson during the 1950s and 60s.

Who's Where: High-profile re-organization at General Motors

General Motors' design division has been re-organized in a spate of high-profile restructuring that comes into effect on 1 August. In Europe, David Lyon replaces Mark Adams as Vice President of Design for Opel/Vauxhall in Rüsselsheim while Adams moves Stateside to become Executive Director, Global Cadillac and Buick Design. Ken Parkinson, currently Director North American Exterior Design/Global Architecture Strategy and Chevrolet Brand Champion will become Executive Director, Global Chevrolet and GMC Design.