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Qoros: A new Chinese car brand to hit Europe in 2013

Qoros – a joint venture between Chery and Israel Corporation – will launch an offensive on the European car market at Geneva 2013. The Chinese car market is huge, but most Chinese car makers are all but unknown outside China. But that could change with the launch of a range of Qoros cars in Europe, with the first reveal scheduled for the 2013 Geneva Motor Show.

College Exhibition: IAAD - 'My First Renault'

Transportation Design students at Istituto d'Arte Applicata e Design (IAAD) in Turin presented the results of a Renault-sponsored project with the theme 'My First Renault' in July. The students were given a fairly open brief to design a personal vision of a Renault vehicle of the near future. In addition to an exhibition in Turin, selected project work was presented at the Renault Technocentre to the directors of Renault Design.

GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.