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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.

Lotus lusts after Lutz?

Lotus seem to be pursuing Bob Lutz The Lotus five year plan calls for the track day cars to make way for much more substantial and upmarket cars to become the force at Lotus; a move to become the Aston Martin East Anglia. Probably the first obvious move in this plan was to grab Dany Bahar from Ferrari last year (and Ferrari designer Donato Coco) and now Lotus are casting their net again to snare some big names to drive them forward. Top of the list is almost-octogenarian Bob Lutz who retired from GM – but certainly not from business – last year.

New Hyundai SUV to show at Geneva

And now Hyundai is looking to make an impact on the compact SUV market, with the announcement of an “Urban Nomad” concept (whatever that is) to be shown at Geneva next month. Hyundai HED-6 SUV Concept will show at Geneva It looks like Hyundai are trying to create an aggressive and contemporary looking vehicle that can be utilised in today’s urban landscape for a multitude of uses. Sporting chunky 21″ wheels, angular style lines, swept-back headlights and a very stylised rear window made of  Lexan plastics instead of glass.