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Saab deal no longer valid says Pangda Chairman. The end of Saab?

Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.

GM launches Corvette ads on television

WITH VIDEO -- The first work from Goodby, Silverstein & Partners' new client, General Motors' Chevrolet, is out, and it's a testosterone-filled, 45-second TV spot for the 2011 Corvette. The ad, which aired for the first time Tuesday night on ESPN, marks GM's return to TV advertising for the Corvette after a five-year absence. Titled "Still Building Rockets," the commercial shows footage of rocket scientists juxtaposed with snapshots of GM plant workers building a Corvette.

Chris Bangle, Peter Stevens and Tom Matano speak out about Google's driverless car

Google's driverless car technology took a major step on 27 May. The tech firm unveiled its self-designed autonomous car prototype, which will supplement the fleet of modified Toyota Prius and Lexus RX SUVs that have been used thus far. But what do some of the best-know car designers think of Google's foray into the automotive world?