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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 Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.

Hyundai adds to SEMA lineup with EGR Yellowcake Night Racer

Hyundai is continuing its SEMA push ahead of the specialty show, which takes place Nov. 5-8 at the Las Vegas Convention Center, by introducing the Yellowcake EGR Night Racer Veloster Turbo. The name just rolls off the tongue.

Arrest made in Paul Walker Porsche parts theft

An arrest has been made in an apparent theft of a piece of the destroyed Porsche Carrera GT involved in a Saturday crash in California that killed actor Paul Walker, CNN is reporting. A number of cars had reportedly followed the tow truck that was transporting the wreckage to a police facility. When the truck stopped at a red light, the occupant of one of the vehicles, alleged to be 18-year-old Jameson Witty, ran up to the truck and retrieved a piece of the wreckage, a T-top roof panel of the red Carrera GT, He later posted a photo of it on Instagram.