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Saab: Muller seeking €600 million Chinese Bank loan to placate GM

Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.

Mickey Thompson: A life remembered

Come celebrate the life and fast times of motorsports legend Mickey Thompson with the people who knew him best: his son, Danny Thompson; his first wife and Danny's mother, Judy Thompson Creach; fellow hot-rod hero Alex Xydias; drag racer Tom Jobe, and turbocharger mad scientist Gale Banks. The event will come in the form of a panel discussion at the Wally Parks NHRA Motorsports Museum in Pomona, Calif., on May 15 at 2 p.m. The incomparable silver-tongued Dave McClellan will serve as moderator.

2013 Ford Escape can tow 3,500 pounds with EcoBoost engine

The 2013 Ford Escape, which we saw at the Detroit auto show in January, will have a towing capacity of 3,500 pounds when equipped with the 2.0-liter EcoBoost engine, Ford said on Wednesday. That number easily bests four-cylinder-equipped competitors such as the Volkswagen Tiguan, the Kia Sportage and the Acura RDX. Ford says the new engine will make enough power to pull two jet skis down to the lake with a trailer, or to drag a snowmobile to the frozen tundra.