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Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Bahrain Grand Prix 2014: Rosberg takes pole for Mercedes ahead of Hamilton

Nico Rosberg pips Lewis Hamilton to pole in Bahrain. It’s already staring to look like Mercedes is going to dominate F1 in 2014, and the performance of the two Mercedes in qualifying for the 2014 Bahrain Grand Prix did nothing to change that. Essentially a duel between Nico Rosberg and Lewis Hamilton, it was Rosberg’s turn to take pole position with Lewis Hamilton having to settle for second place on the grid after driving too deep in to a corner on his last flying lap and giving up the fight to take pole from his team mate. It was Rosberg’s second successive pole in Bahrain.

Volvo reveals safety kit on 2015 XC90 SUV

By John Mahoney Motor Industry 22 July 2014 10:34 Volvo claims the all-new XC90 that will be revealed in late August will be one of the safest cars money can buy thanks to pioneering new safety technology. So far the Swedish carmaker has teased us with designer sketches of how the seven-seat crossover will look, told us how it will be offered with a 395bhp plug-in hybrid that emits just 60g/km of CO2 and released official pictures of the production XC90’s interior. Now it’s time for the Volvo publicity machine to tell us about the novel new safety tech that will protect us from ourselves and this includes two claimed world firsts.