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Bankruptcy looms for cash-starved Saab

The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.

Hyundai Suicide ‘Advert’ causes a rumpus

It’s not easy advertising your wares and finding the right balance between mainstream and innovative to capture attention, as Hyundai has found out to their cost with an ‘advert’ for the hydrogen powered ix35 FCEV which, rather distastefully, depicts a man trying to commit suicide by running a hose from the tailpipe to the cabin before realising he can’t achieve his aim as the FCEV’s only emissions are water. It’s a proper cock-up from Hyundai – usually so sure-footed with their PR – but, despite Hyundai US putting the blame at the door of Hyundai UK, there’s more to this suicide ‘advert’ than meets the eye. It seems the suicide video was put together by Innocean – a European Ad Agency owned by Hyundai’s Chairman Chung Mong-koo and his daughter, and responsible for much of Hyundai’s marketing output – and was a clumsy attempt to gauge reaction to the somewhat macabre take on the benefits of an FCEV.

Concept Car of the Week: Lincoln Indianapolis Boano Coupé (1955)

There is always a plethora of wonderful cars on display during the Pebble Beach Concours d'Elegance, and also some not so wonderful, like the Spyker B6 Venator and Laraki Epitome. This year, one of the cars stood out with its bright orange color and unusual styling – the Lincoln Indianapolis Boano Coupé. In 1953, after nine years spent leading the famous Carrozzeria Ghia, Felice Mario Boano left to focus on his own enterprise: Carrozzeria Boano.