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Spyker CFO is set to step down in July as Saab raises more cash

As Saab Automobile struggles to get back on its feet, Spyker Cars NV announced Wednesday that its chief financial officer plans to resign. Hans Go will step down as statutory director of Spyker effective July 1, Spyker said in a statement today. Saab production restarted last Friday after it received financial assistance from its new China partner, Pang Da.

2009 Mini Convertible Springs In

It’s been a bit of a ‘Mini-Fest’ this week, what with the Mini E in Berlin and the news that the Mini is the least depreciating car in the UK. And now we have the first official images of the new Mini Convertible, due to hit showrooms in Spring 2009. Based of course on the latest Mini, the convertible keeps the familiar face, but has a raised shoulder line to accommodate the soft-top.

Sky takes Mazda powertrains to the next level

Mazda's next-generation of powertrains, called Sky, will feature a variety of new technologies that company engineers say improve fuel efficiency by 20 percent. The Sky engines--Sky-G for the gasoline version, Sky-D for diesel--coupled with a Sky-Drive automatic transmission or a six-speed manual, were offered for test drives during a technology day in Berlin. The Sky-G engine we drove was a 2.0-liter inline-four that made 160 hp and 155 lb-ft of torque.