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GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Guangzhou Academy of Fine Arts Degree Show 2010

China's Guangzhou Academy of Fine Arts held its annual degree show in the school's Art Museum recently, showcasing the works of 16 transportation design students created over the course of the four year program. Divided into two parts, students were asked to design a solution for the increasing problems caused by the rapid development of car consumption in China. The projects consisted of a partnership project with Guangzhou Automobile Group Engineering Institute (GAEI) as well as the student's individual projects.

2009 BMW Z4 announced

BMW has officially released details of the next BMW Z4, due to be shown at Detroit and in UK showrooms in the spring. The new Z4 looks like a big improvement on the outgoing model. The old Z4 had Marmite looks – you loved it or hated it – but the new BMW Z4 has much more voluptuous lines.