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Lexus IS Design contest-winning SEMA show car announced

The winner of the Lexus IS Design contest has been chosen, with their design to be built by VIP Auto Salon for the SEMA show in Las Vegas. Lexus and competition partner and online art community deviantART have revealed the first, second and third place winners, with Rob Evans of Seattle, Washington, taking first place. Second place went to Lucia Lee of Pasadena, California, with Guanghao Huang from Southfield, Michigan third.

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Infiniti Q30 concept (2013) at Frankfurt motor show

We’ve seen the design sketch of the new Infiniti Q30, and now here’s the first picture of the idea made real: it’s the Q30 concept car that’ll attend the Frankfurt motor show in September. Infiniti Q30 concept: what’s the story? Infiniti is busting three niches in one with the Q30: we’re told the car’s body is a fusion ‘merging the dynamic design and sportiness of a coupe, the roominess of a hatch and the higher stance of a crossover’.