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Volkswagen Polo wins European Car of the Year award

Volkswagen's new Polo--slated to enter the U.S. market within three years--narrowly beat the Toyota iQ to win the 2010 European Car of the Year award. The Polo scored 347 points against 337 for the iQ city car.

Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Rolls Royce Wraith Tease continues

The Rolls Royce Wraith – coupe sibling to the RR Ghost – continues its tease reveal ahead of a debut at the 2013 Geneva Motor Show. A few days after the news that the new Ghost Coupe would be the Wraith, Rolls Royce started to tease their new sporty coupe with a teaser photo showing the profile of the Wraith – suitably shadowy, of course – and illustrating that this new Rolls Royce will be the most sporty RR we’ve ever seen. When we got the last tease photo of the Wraith in from Rolls Royce, we did warn you to expect an ongoing drip feed of teases and photos before the Wraith arrived at next month’s Geneva Motor Show, so you won’t be surprised to discover we have a new tease in our inbox this morning.