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Spyker CFO is set to step down in July as Saab raises more cash

As Saab Automobile struggles to get back on its feet, Spyker Cars NV announced Wednesday that its chief financial officer plans to resign. Hans Go will step down as statutory director of Spyker effective July 1, Spyker said in a statement today. Saab production restarted last Friday after it received financial assistance from its new China partner, Pang Da.

Toyota FCV Has Passed its Most Important Stage Yet

Toyota FCV (pictured) moves closer to production With anticipation and excitement growing stronger and stronger for the Toyota FCV’s release, we are now one step closer to seeing it on the road with Toyota gaining the government’s approval status for them to build and inspect manufactured hydrogen tanks that carry high amounts of pressure. This has been a large hurdle in Toyota’s race to produce the world’s first road legal hydrogen powered vehicle due to the strict Japanese laws that outline all pressurised gas containers should be type-certified and should be available at all times to inspect for an official safety inspection throughout the manufacturing process. Now that Toyota have been given the go ahead, this boost in plans means that they can now ramp up the production of hydrogen tanks that can store hydrogen fuel at 70mpa (700bar) pressure.

Group 2 Dodge Challenger echoes past SCCA racers

Among muscle cars--even among Dodge Challengers, new or old--the Classic Design Concepts Group 2 Challenger stands out. Winner of the Chrysler Design Excellence Award at the 2008 Specialty Equipment Market Association show in Las Vegas last November, the Group 2 Challenger moves from concept to production this month as Michigan-based Classic Design Concepts begins building its version of the Dodge performance coupe. The Group 2 appearance package, inspired by the wide-body SCCA Trans-Am Group 2 race cars of the 1960s and '70s, includes custom carbon-composite lightweight front fenders and billboard-style rear fenders, aerodynamic front spoiler wings, Group 2 badging and mongo 20-inch wheels and tires.