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Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

Patrick le Quément to receive EyesOn Design 2015 Lifetime Achievement Award

Patrick le Quément has been selected as the latest recipient of the EyesOn Design Lifetime Design Achievement Award. Le Quément will be presented with the award in Detroit on 19 June 2015, as part of the EyesOn Design week.Le Quément was the senior vice-president of corporate design at Renault from 1995 to 2009 and was chairman of the joint design policy group coordinating design within the Renault-Nissan alliance.At Renault, he oversaw the design of the Twingo, Scenic, Espace III and IV, Laguna II, Kangoo, Megane II and many other production and concept cars that defined the look of the era. He is currently a consultant in industrial and strategic design and the co-founder of the Sustainable Design School in France.The recipient of the annual EyesOn Design Lifetime Achievement Award is selected by its previous winners.

British team, trusty Fiat Panda set new Africa run record

The Fiat Panda driving team consisting of British rally drivers Philip Young and Paul Brace arrived in London today, setting a new record time for the 10,000-mile Cape Town, South Africa to London run in the process. With their time of 10 days, 13 hours and 30 minutes, the team managed to break two records: one for the Cape Town to London run and one for the run between the two cities (in either direction). The former previously stood at 14 days, 19 hours and 26 minutes, while the latter was 11 days, 14 hours and 11 minutes.