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Saab is Dead – Spyker pulls out

The Grim Reaper arrives for Saab Saab has been in intensive care for what seems like forever. Last profitable around the time the dinosaurs died out it has been kept alive in recent years with funds from US car giant GM. But GM’s problems lead to the forced sale of Saab, and for a while it looked like Dr Koenigsegg had a cure for the ailing Swede.

Electric cars enjoyed one of the best months of sales in June 2013

If you think you've been seeing more Teslas and Nissan Leafs on the streets, it's not your imagination -- there really are more of them on our roads. Just in the month of June of this year, almost 9,000 plug-in electric vehicles have been sold in the U.S. This adds to more than 110,000 plug-in electric vehicles that have been sold in this country in the last two and a half years, the Electrification Coalition reports.

Designer Paul Smith launches exhibition

DESIGN GURU Sir Paul Smith has given a glimpse into his world with a re-creation of his office forming part of a new exhibition dedicated to his work. The fashion star takes centre-stage at the Design Museum in London for the next four months with items from his vast archive on display. Sir Paul was at the launch today, posing alongside colourful life-size cardboard cut-outs and showing off sketches, designs and other paraphernalia from his lengthy career as one of Britain's best-known creative forces.