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Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.

Hyundai reveals i-oniq concept teaser

Hyundai has hinted at its future design direction with this single teaser shot of its ‘i-oniq’ concept car. Further details will be revealed in the run-up to next March's 2012 Geneva show, but judging by this glimpse, the concept will take the form of a large coupe with a hatchback tail. It stops short of the full shooting-brake silhouette, but there’s a hint of Brera in the curvature of its rear end. ‘Two strong arched curves define the silhouette of i-oniq, creating a playful contrast between the sharp character lines and soft but muscular features’ says Thomas Bürkle, Hyundai’s European Chief Designer.

One Lap of the Web: new imports, old imports

-- The 1956 Maserati A6G-2000 Allemano is as beautiful as it is rare, and if Jay Leno didn't take one for a spin in this video, we probably wouldn't see one until next year's Pebble Beach Concours d'Elegance. -- Simon Cowell (of Simon Cowell fame) bought a Bugatti Veyron three years ago because a friend told him its a good idea, and he's driven it a total of two times since. Not driven it at its maximum speed, but just driven period.