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Simraceway, McLaren team up for free multiplayer video game

The online multiplayer racing game Simraceway has partnered with the McLaren Group to bring virtual models of every McLaren made to gamers, developer Ignite Game Technologies said on Tuesday. Simraceway will be a free-to-play online racing game that uses simulation-grade driving physics to provide a highly accurate driving simulator. The game will match racers by skill level to provide the best competition.

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Sergio Marchionne wants to build Mazda in Fiat & Chrysler plants

Fiat boss Sergio Marchionne wants to build Mazda cars in Fiat and Chrysler plants around the world. When Alfa Romeo and Mazda revealed last week that they would be developing a new small roadster together – well, Alfa Romeo would take the next generation MX-5 and sculpt on a new body to make a new Alfa Spider – we suggested Mazda would be better of getting Fiat to build their cars. It seems Fiat boss Sergio Marchionne thinks the same.