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Aston Martin Cygnet – the intro begins +video

There's a promo video for the AM Cygnet featuring the sport of Parkour - Free-Running When we first reported that Aston Martin were buying in the Toyota iQ to turn it in to a ‘Mini-Me’ Aston Martin – the Aston Martin Cygnet – we were pretty sure that AM were for real, even though they did call it a Concept. That feeling was more than affirmed a couple of weeks ago when Aston Martin released a few official pictures of the Cygnet and gave us some production targets – 2000 a year in Europe. But only sold to existing AM customers.

Saab plans to restart production on Aug. 9

Saab owner Swedish Automobile NV said Thursday that the struggling automaker aims to restart production at its Trollhaetten plant in Sweden on Aug. 9. The news follows the Swedish government's approval of Swedish Automobile's request to sell part of Saab's property unit to a consortium of Swedish real estate investors, the company said in a release.

Volvo designer Peter Horbury moves to China's Geely Group

Volvo Car Corp. styling chief Peter Horbury is moving to the Swedish automaker's sister brand, Geely Group, as senior vice president design. A decision on who will succeed Horbury as Volvo head of design has not been made.