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Ferrari P4/5 designer Castriota heads to Saab

Jason Castriota, the noted designer who created the Ferrari P4/5 and the Maserati GranTurismo, is taking his talents to Saab. He will be in charge of design for the Swedish automaker as it looks to develop a new image after being sold by former parent General Motors, Bloomberg News reports. Castriota will work on developing an upscale model of the 9-3 and will try to bolster Saab to better compete with BMW and Audi.

Saab signs deal with second China partner

Saab has agreed to China's Zhejiang Youngman Lotus Automobile Co. taking an equity stake in the company as part of a distribution and manufacturing joint venture. Saab and its owner Spyker Cars NV signed a deal with Chinese car distributor Pang Da in May worth up to 110 million euros that involved setting up a joint venture with Spyker and a partner in China to start making Saabs in China within two years.

Ferrari 458 Italia Spider leaks out. Probably.

Ferrari 458 Italia Spider leaks out - probably It’s only a couple of weeks since we reported that Ferrari would be taking the convertible 458 to Frankfurt, and now we have a set of three leaked photos of the Ferrari 458 Italia Spider in all its glory, doubtless leaked out from a magazine printers. We’re not completely convinced the photos of the 458 Spider are real – they seem familiar somehow and could be good Photoshops – but if they are real there’s no doubt Ferrari won’t be amused – as Italians seldom are under these circumstances. But assuming the photos are real they just tell us what we already know – the 458 Spider is the regular 458 Italia with its roof chopped off.