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Toyota, Honda lead U.S. industry to 22 percent gain

U.S. light-vehicle sales, paced by Toyota and Honda, rose 22 percent in June as U.S. consumers continued to shake off economic jitters and replace aging cars and light trucks.

Saab China Deal: Chinese Government support ‘In Principal’

Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.

2012 Mercedes SL Spied

2012 Mercedes SL caught testing When the fifth generation Mercedes SL hit the headlines back in 2002 it was a revelation, offering as it did the best of a coupe and a convertible and a completely bonkers performance version in the SL55. But eight years is a long time in the life of a car – even with a cosmetic facelift in 2008 – and the SL has lost its way as the flagship of the Mercedes range. More powerful cars like the SLS have put the SL in to the shadows, and even its little brother – the Mercedes SLK – is probably more desirable.