Frame 1971 Bultaco 175cc Lobito Mk4 on 2040-parts.com

Saab appoints North American administrator, prospects darken

Saab has appointed an outside administrator to oversee its business in North America and the potential wind-down or sale of the company if its parent operations can’t emerge from bankruptcy. The move was announced on Wednesday afternoon by Saab North American COO Tim Holbeck as the company’s future remains uncertain. McTevia & Associates, a management and financial-consulting service with offices in suburban Detroit and Florida, is the administrator.

Lexus Premium Compact Concept – a 1-series by Lexus

Lexus's new compact premium hatch – the little Lexus to rival the 1-series By Gareth Evans First Official Pictures 17 August 2009 10:03 Lexus today issued a sneak peak at its new Premium Compact Concept ready to make its public debut at the 2009 Frankfurt motor show in mid-September.Think BMW 1-series by Lexus, and you'll get the idea. Not that you'd know too much from the solitary teaser sketch released today.Details are vague at present, with only the above sketch and no technical information available to showcase the long-awaited little Lexus. Expect more details and pictures to be announced in a few weeks' time – but we hear there is likely to be hybrid power for the compact premium car.

Design your own Caterham

Caterham Cars will soon be creating its next new vehicle, but it won't be designed by its design team. The new car will instead have the design conceived online by the public. The manufacturer of the Seven is offering every car enthusiast, irrespective of engineering skill, design experience or mechanical ability, a dream opportunity to design an all-new sports car in collaboration with Project Splitwheel.