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Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

One Lap of the Web: Fake movie cars, Russian dash cams and 'Forza'

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- We all know most movie cars can be fake, but some are a step above the rest.

Interior Motives China Conference Day 2

After a first day packed with fascinating discussions and opportunities for networking, delegates from around the world reconvened in anticipation of another day of presentations from some of the industry's biggest names. Session 5: Deep Dive Luxury The second day of the Interior Motives China conference began with a session on 'Deep dive luxury', chaired by Emma Booty of Conran. Shu Bei of 3M kicked off the first session by identifying the Chinese obsession with brands.