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Who's Where: Mamoru Aoki and Koji Nagano promoted to Nissan executive design directors

Mamoru Aoki and Koji Nagano have been promoted to Nissan executive design directors, reporting to head of design Shiro Nakamura. Mamoru Aoki is now responsible for the design and development of all Nissan brand passenger and electric vehicles as well as design strategy and is based at the carmaker's Design Center in Atsugi, Japan. Koji Nagano – previously design director at Infiniti – now manages the design development of the new Datsun brand and Nissan brand light commercial vehicles.

New Ferrari F12 variant leaked in patent drawings

The Ferrari F12 Berlinetta took its first public bow at the Geneva auto show in February of 2012. Just 20 months later, Car News China has found some leaked drawings of the new version from the Chinese patent office. (China has a patent office?-ED) They speculate it could be the Ferrari F12 Berlinetta GTO.

GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.