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Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

Art installation moves 100,000 toy cars an hour

IT'S NO PICASSO, but this installation by conceptual artist Chris Burden certainly has the potential to be moving. Called Metropolis II, this amazing construction took Chris and his chief engineer four years to design and create and expands significantly on Metropolis I - the latest version has 18 roadways including one six-lane carriageway. It also has a rail network with HO-scale model trains, and running at capacity it pumps 100,000 cars around its network at a scale speed of 230mph.

CDN announces second edition of Car Design Glossary

Car Design New has now published the second edition of the Car Design Glossary. Designed to enable budding designers  - and those wishing to describe the products of the designer's imagination - to decipher the language used in automotive studios, the Glossary was devised by David Browne, Course Director of Automotive Design at Coventry University School of Art & Design. He created the compilation of terms as an academic piece of research and collaborated with CDN to help generate feedback on these terms from designers themselves.