The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Holden restores its futuristic 1969 Hurricane concept car

Holden, General Motors' Australian subsidiary, has resurrected its first-ever concept car: the 1969 Hurricane, packed with then-futuristic technology, some of which wouldn't make its way into production cars for more than a decade. When it was first revealed, the mid-engine, rear-wheel-drive, two-seat sports car showcased in-your-dreams innovations such as a rearview camera, a magnet-based navigation system, automatic air conditioning, electronic displays and a station-seeking radio. Holden designers started restoring the Hurricane concept--code-named RD 001--in 2006, using as many of the original parts as possible.

2011 Dodge Charger revealed

After a few weeks of teasing, Chrysler has revealed the design changes to the 2011 Dodge Charger. We're getting a new front end that includes a sculpted aluminum hood, redesigned front fascia with a new look to the crosshair grille and new headlamps. Out back is a new tail lamp setup that stretches across the rear and uses 164 light-emitting diodes.