Maier 50984-30 Hood Racing Kaw/suz Cf on 2040-parts.com

Mercedes CLA (2013) first official pictures

Mercedes-Benz has revealed its new CLA, a four-door coupe based on the A-class, at an event held in Detroit on the night before this year's motor show opens. But to keep your attention on the big-selling E-class which also makes its debut here, the CLA won't be on Mercedes' show stand, and will make its official public debut at Berlin Fashion Week later this month. Where does the 2013 CLA sit in the Mercedes range?

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Next Jaguar XJ takes styling cues from the XF

Jaguar is putting the finishing touches on its heavily revised 2011 XJ sedan, remaking its flagship sedan in the mold of the XF sedan. Based on a re-engineered version of today's all-aluminum XJ chassis introduced with the sedately styled 2004 model, the next XJ will be significantly different in appearance, drawing its coupelike-sedan inspiration from the Ian Callum-penned XF. "People know that something is coming, but they're going to be very surprised," says one source involved in the project code-named X351.