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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.

Who's Where: RCA appoints Matteo Conti, Hannah Macmurray, Matthew Humphries and Cynthia Charwick to Vehicle Design faculty

Matteo Conti has been appointed senior tutor at the Royal College of Art in the latest of a series of new appointments. Conti, who joins from Northumbria University, will take up his position on 1 May and be program manager for the first year course and be responsible for curriculum development and coordinating external projects. He will also contribute to the second year teaching and research activities.

Range Rover Sport TDV6 HSE (2010) Review & Road Test part 3

The final part of our road test / review of the 2010 Range Rover Sport   It’s only been very recently that I’ve accepted that a diesel engine belongs in anything other than an HGV or a taxi. I’ve had to concede that maybe it’s not entirely realistic to want a petrol V8 in every car I drive, and there are now some very convincing diesel lumps around. They don’t sing like a good petrol lump, but the big wodge of torque most have really does go a very long way to compensate.