Ferrari P4/5 designer Castriota heads to Saab

Jason Castriota, the noted designer who created the Ferrari P4/5 and the Maserati GranTurismo, is taking his talents to Saab. He will be in charge of design for the Swedish automaker as it looks to develop a new image after being sold by former parent General Motors, Bloomberg News reports. Castriota will work on developing an upscale model of the 9-3 and will try to bolster Saab to better compete with BMW and Audi.

Road management proposals 'could save millions'

£2.6 MILLION IN TAXES could be saved over the next decade by reforming how roads are managed, the Department for Transport has said. Roads Minister Robert Goodwill unveiled a consultation on turning the Highways Agency into a Government-owned company. In a statement to MPs, Mr Goodwill said the reforms would mean the creation of a "road user watchdog" similar to Passenger Focus on the railways.

Hyundai incentive includes job loss insurance

During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms. Not when they were worried about losing their jobs. "The question for consumers right now is what is going to happen to their income in 2009," Ewanick told Automotive News.