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Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

Tax-return car deals

Automakers are offering cut-rate financing, cash back and lease deals just as our income-tax-refund checks are coming in the mail. These timely tax-return car deals are paired with the necessity for automakers to make room on dealer lots for all-new models. (See the Cadillac CTS deals.) Here, we break down some of the incentives being offered this month.

Video: Chris Bangle delivers “Empowerment: Design without Designers” talk at Creative Mornings/London

Chris Bangle – the undisputed front man of car design – needs little introduction, so the prospect of the former BMW Design Director and now founder of Chris Bangle Associates giving a talk in our home town of London was too good to pass up. His presentation (which you can watch in full in the video to the left) touched on his time at BMW, but was more focused on the idea of empowering others to create: "design without you in the middle", as Bangle says. From the story of the co-creation of the staircase in his Italian studio to the idea of encouraging people to think about their culture when designing, his philosophies transcend disciplines.