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Saab signs deal with second China partner

Saab has agreed to China's Zhejiang Youngman Lotus Automobile Co. taking an equity stake in the company as part of a distribution and manufacturing joint venture. Saab and its owner Spyker Cars NV signed a deal with Chinese car distributor Pang Da in May worth up to 110 million euros that involved setting up a joint venture with Spyker and a partner in China to start making Saabs in China within two years.

Ferrari sets personal best in China

It was a solid year for Ferrari in the burgeoning Chinese car market in 2010, as the Italian dream maker racked up its most impressive sales in that country with a tally of 300 cars. Sales were up almost 50 percent compared with 2009 results. With 10 current dealerships and the addition of some new business partners, Ferrari expects the added sales for Hong Kong and Taiwan will elevate the region to one of the company's top five international markets.

Art Center College of Design - Next Lunar Rover

Students in their fifth and sixth terms at Art Center College of Design created their visions for the 'Next Lunar Rovers' in a project sponsored by NASA. The design brief, which tasked students with designing the optimal lunar rover for the next moon mission, called for the designs to support the unique functional challenges of such a vehicle while inspiring everyone that sees it to want to go for a drive on the moon. The designs were also meant to serve as an icon to jumpstart interest of the public in lunar expeditions.