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Saab appoints North American administrator, prospects darken

Saab has appointed an outside administrator to oversee its business in North America and the potential wind-down or sale of the company if its parent operations can’t emerge from bankruptcy. The move was announced on Wednesday afternoon by Saab North American COO Tim Holbeck as the company’s future remains uncertain. McTevia & Associates, a management and financial-consulting service with offices in suburban Detroit and Florida, is the administrator.

New 2015 Honda NSX – Made in America

The new Centre – costing $70 million, stretching to 184,000 square feet and housed inside Honda’s old logistics facility – will employ 100 of Honda’s most skilled workers in Ohio to bolt the new NSX together, and even the engine will be assembled at Honda’s engine plant in Anna, Ohio. Not only has Honda revealed where the US-designed NSX will be built, but they’ve appointed their R&D chief engineer, Ted Klaus, to lead the team developing the new NSX and Clement D’ Souza, associate chief engineer at Honda USA, to head up production. Ted Klaus said: This new plant will be as unique as the vehicle we will build here.

Toyota Hybrid-R Concept – a Yaris with 400bhp – teased for Frankfurt

The Toyota Hybrid-R Concept (pictured) is a 400bhp Yaris Hybrid heading for Frankfurt We’ve always believed that the best use for hybrid powertrains is to get extra performance without the penalty of increased fuel consumption. Toyota, on the other hand, have primarily used their impressive – if complicated and expensive – hybrid powertrains to yield improved economy and emissions from more prosaic cars like the Prius, Yaris and Auris. But now it looks like Toyota are ready to show us what hybrid technology can offer in the way of performance too, with a tease for what Toyota are calling the Hybrid-R Concept, which appears to be a Yaris with more than 400bhp on tap.