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Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Peugeot 308 GT THP 200 (2010): a quasi GTI

Peugeot is 200 years old this month, so what better way to celebrate than launching a 200 horsepower warmed-up hatch. The new 308 GT THP 200 five-door pictured costs £21,995. Not quite as much sparkle as the RCZ, but that's why it's not badged GTI, in the UK at least.

Tomorrow's world: the touchscreen steering wheel

You might think the steering wheel has done a pretty good job of directing cars for the past century. But now a team of researchers from the University of Stuttgart is attempting to reinvent the wheel. The scientists have come up with a touchscreen steering wheel, which they reckon could replace the humble wheel with stereo and cruise controls.