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Noble saved by cash injection

By Ben Oliver Motor Industry 18 September 2006 09:30 British supercar maker Noble Cars has fought back from the brink, thanks to a cash injection from a new mystery backer. In an exclusive interview with CAR Online, boss Lee Noble vowed that the M15 – Noble's Ferrari fighter – would go on sale in early 2007. 'I have successfully teamed up with a dedicated owner who shares my commitment, passion and vision for the future of Noble cars,' said Noble.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

CDN and GM launch new interactive competition for students in North America

Car Design News is pleased to announce the launch of this year's Car Design News-GM interactive design competition, a collaboration with GM and our partners, Alcantara, CGT, Pace and SRG Global. GM is offering five students a paid internship (with housing included) at its studios in Warren, Michigan. 
One winner will be picked from each brand (Buick, Chevrolet, Cadillac and GMC) 
and one additional overall winner will also be chosen by the judges.