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What will the electric car look like? Top designers weigh in

There are a thousand questions surrounding the electric car: Who will make it? Will it really work? And--to the chagrin of General Motors brass--who killed it?

Register for free 'Bunkspeed presents the Future of 3D Visualization' webinar

Bunkspeed has announced details of its latest free webinar. Entitled Bunkspeed presents the Future of 3D Visualization with NVIDIA and Daniel Simon, the visually striking presentation will take place on 5 November. The hour-long talk is due to begin at 8am PDT in Los Angeles and 11am EDT in Detroit, which is 16:00 GMT in London and 17:00 CET in Munich.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.