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Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.

Electric cars produce MORE CO2 than petrol or diesel cars

Rather than offering a low CO2 alternative to the internal combustion engine, it seems electric cars start their life with an extra 40,000 miles worth of CO2 already on the clock. Despite bribes from governments around the world to get car buyers to buy in to electric cars, they’ve been a flop. But that’s not surprising.

Audi A8 (2010 / 2011) Revealed + UK Price Update

The 2011 Audi A8 revealed this morning in Miami Update: UK prices for the new Audi A8 added at the bottom. Well, Audi certainly made a meal of the reveal of the next generation Audi A8r in Miami in the early hours of this morning. They roped in a Charlies Angel (Lucy Lui) to play host for the evening and, despite her charms, the launch was a bit of a drawn-out, back-slapping fest.