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Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

Porsche 918 Spyder gets Martini Racing livery

The Porsche 918 Spyder hybrid supercar has been revealed in traditional Martini Racing livery, an option available to buyers. The Porsche 918 Spyder has been cropping up lately with a black and white version of the iconic Martini Racing livery as 918 Spyder Prototypes strut their stuff on Europe’s roads. But now Porsche has gone the whole hog and struck a deal with Martini to revive the Martini Racing livery used by Porsche in the 1970s for its new hybrid supercar, and buyers of the 918 Spyder will be able to option their new car up with Martini logos.

2012 Porsche Boxster unveiled

2012 Porsche Boxster revealed The 2012 Porsche Boxster has been revealed with a new lightweight body, revised chassis and engines – and looking much the same as the old Boxster. The 2012 Porsche Boxster (or, as always, if you’re on the other side of the Pond, the 2013 Porsche Boxster) has been revealed, not at the Detroit Auto Show, but, just as Audi did yesterday with the A6 Allroad, as a diversion from the car antics in North America. Looking, as you would expect from Porsche, little different to the current Boxster, the new Porsche Boxster does however get a thorough makeover of body, engines and chassis to make the new Boxster fit to fight for another decade (or so).