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Land Rover Defender to return to U.S.

Land Rover will bring the redesigned Defender SUV to the United States as its entry-level vehicle, said Ralf Speth, CEO of Jaguar Land Rover. The Defender could debut as early as 2015 and will be based on the DC100 concept shown at the 2011 Frankfurt auto show. The rugged Defender is currently sold in overseas markets and was last sold here in 1997.

Hummer nears the end of the trail

The curtain is rapidly falling on Hummer, General Motors' ill-fated rough-and-tough brand of trucks and SUVs. The final H3 rolled off the assembly line at 9:07 a.m. Central time on Tuesday at the Hummer factory in Shreveport, La., marking the end of production for the brand, a spokesman said.

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.