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Subaru's Levorg concept set for Tokyo

Subaru has revealed the first teaser images of its Levorg tourer concept ahead of its unveiling at next month's Tokyo Motor Show. The concept, which previews a new 2014 model, is designed to blur the line between a tourer's practicality and a sports car's design and will target the Japanese market. Its name is derived from a combination of the words ‘Legacy', ‘Revolution' and ‘Touring'.

Sky takes Mazda powertrains to the next level

Mazda's next-generation of powertrains, called Sky, will feature a variety of new technologies that company engineers say improve fuel efficiency by 20 percent. The Sky engines--Sky-G for the gasoline version, Sky-D for diesel--coupled with a Sky-Drive automatic transmission or a six-speed manual, were offered for test drives during a technology day in Berlin. The Sky-G engine we drove was a 2.0-liter inline-four that made 160 hp and 155 lb-ft of torque.

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.