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Gibbs Sports Amphibians launches the Quadski

Gibbs Sports Amphibians has unveiled the Quadski, an amphibious all-terrain vehicle that, according to company founder Alan Gibbs, obliterates the distinction between land and water transportation. The 1,300-pound, 10.5-foot-long Quadski looks a bit like a jet-powered personal watercraft sitting on top of a single-seat ATV, but it's what's underneath the vehicle's molded composite body that separates the high-speed Quadski from larger, slower amphibious predecessors. The Quadski draws power from a BMW K 1300 Motorrad motorcycle engine capable of producing 175 hp.

Toyota FT-86 Open Concept

Further images and details of Toyota's FT-86 Open concept have been revealed ahead of its unveiling at next week's Geneva motor show. The FT-86, a rear-wheel-drive sports convertible, previews a potential future development of the GT86 sports coupe. Toyota is using the concept, which measures in at 4,240mm long, 1,775mm wide, 1,270mm high sitting on a wheelbase of 2,570mm, to gauge public reaction while carrying out engineering tests on a prototype.

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.