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Interior Motives Awards 2012 judges decide shortlist

The Interior Motives Awards 2012 judging panel has whittled down a huge amount of entries into this year's competition to a shortlist of potential winners. The list can be viewed here. Over 160 aspiring young designers from 47 schools in 17 countries entered the competition, reflecting the growing recognition of the importance of the Interior Motives Student Design Awards among would-be vehicle designers.

Dodge Viper Nurburgring Record: Now on video

Dodge Viper Nurburgring Record Video We all love Nurburgring record videos; whether you like the car on offer or not, the skills and thrills on view make the ten or so minutes invested well worthwile. And the video of the Dodge Viper SRT10 ACR setting a Nurburgring time of 7:12.13 a few weeks ago is one of the best. GT driver Dominik Farnbacher drove a cracking lap to take the SRT10 on a lap that eclipsed the Viper’s efforts from 2008 by almost ten seconds.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.