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Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.

Who's Where: Sielaff and Egger take on new roles in 2012

Both Wolfgang Egger and Stefan Sielaff will take on new roles in the latest move of car designer chess within the Volkswagen Group. Egger takes over the position of Head of Audi Brand Design from Sielaff, who will become Head of Interior Design for the Volkswagen Group as well as Head of the Volkswagen Design Center in Potsdam. Their respective roles will become operational on 1 February 2012.

Kia Naimo concept at the Seoul auto show explores an electric-powered city car

Kia continues to explore its electric-car capabilities with the Naimo small-car concept, unveiled on Thursday at the Seoul motor show. The boxy, four-seat Naimo fits into the B-size class, which includes cars such as the Honda Fit, the Toyota Yaris, the Ford Fiesta and the Chevrolet Sonic. The Naimo is 153.2 inches long and has a wheelbase of 104.2 inches.