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Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

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.

Muscle-car icons immortalized in new postal-stamp set

Perhaps sensing that it's at risk of going the way of the carbureted big-block and leaded gasoline, the United States Postal Service is apparently willing to try anything to boost its bottom line. Though we're sure its recently announced line of postal worker-inspired apparel will be a runaway (and runway) success, we're glad to see the USPS reaching out to the automotive-enthusiast community with a new set of limited-edition stamps that commemorate the American muscle car. We told you about the stamps earlier this year, but we can now confirm the lineup.