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The Designers, Pt 8 – Steve Mattin, Lada

Car Design News launched its first-ever Car Design Review yearbook at the Geneva Motor Show, featuring the award-winning Production Car and Concept Car Designs of 2013. If you're interested in buying a copy of the 160-page yearbook this interview appears in, alongside trend reports, bespoke car design infographics and a special feature on Marcello Gandini, our inaugural Lifetime Achievement Award winner, Car Design Review can be purchased here. Name Steve MattinRole Design director, LadaAge, nationality 49, EnglishLocation Moscow, RussiaEducation Coventry University "If you go back to 2011 and 2012 as the world was just coming out of the recession, companies were having big problems on all fronts.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Chevrolet Colorado pickup concept revealed

Chevrolet's next-generation midsize pickup is a bit larger, with just a hint of the departed Avalanche, based on a concept truck revealed on Monday ahead of its debut at the Bangkok motor show. The new Chevy Colorado goes on sale in Thailand later this year, so the concept is right-hand drive. But the development program is for a global vehicle, so we're likely to see many elements from the Thailand truck show up on the U.S.