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Umea Olme Spyder project

While Swedish automaker Saab was going through tumultuous times and Geely was in the process of buying Volvo from Ford, first year MA students in Transportation Design at Sweden's Umea Institute of Design were busy creating a one-off roadster for an independent car maker: the Olme Spyder. Created in collaboration with Ove Bengtsson, an engineer with a personal passion for building his own vehicles, the students were asked to design their own interpretation of a progressive and innovative roadster, developing the concept from a sketch into a full-scale model. Based on an Opel Agila donor car, the concept's 650kg steel monocoque chassis was created by Bengtsson himself to accommodate a mid-mounted engine.

Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.

Infiniti G to get Mercedes engine

Infiniti’s volume line, the G series, will get a Mercedes-Benz engine as part the global alliance between Daimler AG and Renault-Nissan, the story AutoWeek blew wide open at the end of March. Carlos Ghosn, CEO of Renault SA and Nissan Motor Co., said the G will use a Mercedes inline four-cylinder from Daimler to improve fuel economy and cut emissions. He didn’t say when the engine would reach Infiniti production lines or indicate the extent to which it will replace Japanese-made four-cylinder and V6 engines used in the G sedan and coupe.