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Saab plans to restart production on Aug. 9

Saab owner Swedish Automobile NV said Thursday that the struggling automaker aims to restart production at its Trollhaetten plant in Sweden on Aug. 9. The news follows the Swedish government's approval of Swedish Automobile's request to sell part of Saab's property unit to a consortium of Swedish real estate investors, the company said in a release.

Lamborghini Egoista concept

To celebrate the 50th birthday of Sant'Agata's most famous export, Volkswagen Group Design Director Walter de Silva led a team in the creation of the wild Lamborghini Egoista concept. "I am very attached to this Italian brand, being an Italian myself," said de Silva at its unveiling. "I wanted to pay homage to and think up a vehicle to underline the fact that Lamborghinis have always been made with passion, and with the heart more than the head." This single-seat, V10-powered sportscar – with Alessandro Dambrisio responsible for its exterior design and Stefan Sielaff its interior – is an extreme interpretation of the faceted aesthetic introduced by the 2007 Reventón and last seen on the Veneno shown earlier this year at the Geneva motor show.

Spyker makes a new offer for Saab; General Motors will evaluate

Spyker Cars said Sunday it had submitted a new offer for the Saab brand. Spyker CEO Victor Muller said an 11-point proposal had been handed to General Motors addressing each of the issues that arose during due diligence after the Dutch company originally bid for Saab. Muller said the new offer would remove the obstacles that were standing in the way of a swift sale of Saab to Spyker.