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GT3 Challenge Brazil spells out Porsche in Porsches on track

Earlier this month, the Porsche GT3 Cup Challenge Brazil took a break from punishing the pavement to spell the word “Porsche” in Porsches on Estoril's straight. The project took 23 hours of shooting and countless more in planning. Nearly 180 people were involved including drivers, Porsche GT3 Cup Challenge Brazil staff, engineers and mechanics, Estoril Circuit staff and others.

NEVS completes Saab purchase

National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.

Toyota to spend $1.1 billion on unintended acceleration claims

Toyota Motor Corp. is setting aside $1.1 billion to settle various U.S. lawsuits and other claims stemming from reports of unintended acceleration that plagued the automaker in 2009-2010.