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Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.

College Exhibition: NID Degree Show 2009

Initiated in 2006, the post-graduate diploma program in Transportation and Automobile Design at India's National Institute of Design (NID) is the first program of its kind in India. At the end of last year, the university held its annual degree show showcasing the works of eight graduating students alongside works of junior students at the 'Design Street' at NID's campus in Ahmedabad. During their three year course of study, the students had an option of participating in a joint degree program between NID and Domus Academy in Italy.

Fiat plans seven vehicles for U.S.

Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance--four with Chrysler brands and three as Fiats or Alfa Romeos. The vehicles will be built at Chrysler plants in North America and sold through select Chrysler, Dodge and Jeep dealerships, according to sources who have seen the product-sharing agreement.