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Umea Olme Spyder project

While Swedish automaker Saab was going through tumultuous times and Geely was in the process of buying Volvo from Ford, first year MA students in Transportation Design at Sweden's Umea Institute of Design were busy creating a one-off roadster for an independent car maker: the Olme Spyder. Created in collaboration with Ove Bengtsson, an engineer with a personal passion for building his own vehicles, the students were asked to design their own interpretation of a progressive and innovative roadster, developing the concept from a sketch into a full-scale model. Based on an Opel Agila donor car, the concept's 650kg steel monocoque chassis was created by Bengtsson himself to accommodate a mid-mounted engine.

Unbelievable SSC Ultimate Aero EV

Prius was an easy way out for celebs who didn’t want their ‘Public’ to think them flash Jacks, but they always had a Cayenne Turbo or a Lamborghini LP640 tucked away in the garage. But the rise of cars like the Tesla, despite its drawbacks, has pushed the maker of the world’s fastest production car, the Ultimate Aero SSC, to look at ways to keep their clientèle happy in these changing times. SSC must feel there is a danger their market may disappear if truly powerful and appealing cars appear that are perceived as green and start to take over the marketplace.

GM puts Girsky in charge of Europe operations

General Motors has put vice chairman Steve Girsky in charge of its troubled European operations, replacing Karl-Friedrich Stracke. GM said that Stracke will handle special assignments from chairman Dan Akerson. GM said Girsky will serve as "acting head" of its European operations while it searches for a replacement executive.