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Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

Webinars: Register now for 16 October 'Autodesk Alias Class-A Surfacing: Accelerating Design Development'

Registration is now open for the next Webinar in the Autodesk series, 'Autodesk Alias Class-A Surfacing: Accelerating Design Development', which will take place on 16 October. This webinar will illustrate how using Autodesk Alias for Class-A modeling can deliver value-added business and technical benefits and how it helps OEMs provide seamless end-to-end design development. Topics covered will include: external and internal challenges facing automotive design advantages of Alias for Class-A Surfacing how to adopt Alias skills and workflows This is part of the 2013 series of Autodesk Webinars which includes: Concept modeling for automotive Using the T-rig tool in real life Presenting this Webinar is Simon Alford, technical manager for Majenta Solutions.

Hyundai Equus customers: Prepare for pampering by dealers--and you get an iPad

Hyundai's upcoming flagship Equus sedan is packed with features to pamper owners and passengers: a rear-seat footrest, rain-repellent window glass, power sun shades, and massage systems built into the driver's seat and rear seat. But Hyundai's dealers will have to do a little pampering of their own if they want to sell the car, which Hyundai showed today at the New York auto show. Equus owners will enjoy free at-home pickup of the car for servicing and a free loaner Equus for their inconvenience.