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Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

GM expands credit union program nationally

General Motors on Wednesday launched a nationwide test program that gives 90 million credit union members access to the company's Credit Union Member Discount Program with participating GM dealers. The "Invest in America" program also gives members access to financing on new-vehicle purchases. This follows a four-state Midwest program GM began early last month.

Lamborghini Urus SUV – made in SLOVAKIA

The Lamborghini Urus SUV to be made in SLOVAKIA It could be argued that the appeal of Lamborghini stems from its ‘Italian-ness’, but it seems ‘Made in Italy’ is not an honour Lamborghini are going to bestow on their new Urus SUV. Instead, the plan is to build the Urus alongside other VW Group SUVs at VW’s plant in Bratislava, Slovakia. Autonews is reporting that VW are planning to build the Urus alongside the Porsche Cayenne, Audi Q7, VW Touareg and the bodies for the new Bentley SUV (they were planning to build the Bentley SUV in full in Bratislava too, but now it will be just the body to make sure the Bentley SUV is ‘British’).