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Saab might file for bankruptcy, again

Reports in Europe say that Saab will once again be seeking court-order protection from creditors, the European equivalent of bankruptcy. The reports did not say when this would happen. Saab's U.S.

£10 million cash boost for Lotus

Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.

Design Development: Yanfeng Visteon Glide

Those who attended our Designers' Night in Beijing earlier in the year will have seen the Yanfeng Visteon Glide concept car, a car many thought one of the best displayed throughout the whole motor show period. However many asked why a Tier 1 supplier Yanfeng Visteon has gone to the effort and expense of creating a full concept car, especially one as exotic as the Glide, especially when the company's core business is designing and supplying interior components. We caught up with Shizuki Kajiyama, Yanfeng Visteon's Design Studio Manager to find out more about the project.