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Ken Okuyama Design USA Inc. moves into former Mercedes Advanced Design studio

Ken Okuyama Design Co. Ltd celebrated the growth of its US subsidiary with the opening of its new California Design Center at 17742 Cowan, Irvine. Previously occupied by Mercedes-Benz Advanced Design, this purpose built design studio provides Ken Okuyama Design's clients access to both the creative talent of Ken Okuyama Design as well as a creative center.

Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Koenigsegg Trevita revealed

The new Koenigsegg Trevita, with diamond finish Carbon Fibre This is the first time that Koenigsegg’s visible carbon weave has been produced in anything other than bog-standard black. But in the Treviat it looks stunning – it shimmers in a  way its namesake would be proud of. The CCXR Trevita will – we assume – come with the same bio-fuel engine as the CCXR Edition, as Koenigsegg has told us that this car will produce the same mammoth 1018 bhp, and sub-3 second 0-60, as the Edition.