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Saab: Muller seeking €600 million Chinese Bank loan to placate GM

Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.

Future products: Bentley reskins Continentals, works on convertibles

Bentley's sales have plummeted as its cars aged and the economy fell into recession. The launch of the Mulsanne flagship this year is cause for optimism, as is the coming reskin of the Continental range, which was introduced in the United States in 2005. Bentley will begin rolling out the new versions of the Continental next year, starting with the GT coupe.

Car Design News – GM Interactive Design Competition Winners Announced at NAIAS

Car Design News and General Motors today announced the eight winners of their interactive design competition in an awards ceremony on the Cadillac stand at the North American International Auto Show 2012 (NAIAS). Over 300 design students from across the USA and Canada entered the Car Design News-GM Interactive Design Competition, launched in Spring 2011. Entrants were challenged to design both an interior and an exterior design for one of GM's four brands – Buick, Cadillac, Chevrolet and GMC – each of which set a unique brief.