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Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

2015 Ford Mustang will perch atop Empire State Building

Ford is celebrating the Mustang's 50th anniversary in style. In addition to the cross-country tour and sporadic events across the world, Ford will repeat what it did to introduce the Mustang convertible 50 years ago, setting it on top of the Empire State Building during the New York auto show. So, you might guess Ford would use one of those super cranes to get the car up there, but even the best portable units can only go up 50 stories or so; the observation deck at the Empire State Building is on the 86th floor.

Arizona auctions: Valley of the dollars

The next chapter in the battle for auction supremacy will commence this month, when the auction giants gather under the sun for the annual Arizona auction week. Leading the charge is perennial powerhouse Barrett-Jackson, which gathers lots of cars and automobilia under one massive tent. Cars start hitting the block for the six-day auction on Tuesday, Jan.