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Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.

Pebble Beach Concours d’Elegance 2014 in pictures

The Pebble Beach Concours d’Elegance is one of the world’s premier automotive events. In fact, you could call it the world's most exclusive motor show. Held on the 18th fairway of Pebble Beach Golf Links in California, it's been running since 1950 and, in the words of the event's organisers, “only the most beautiful and rare cars are invited to appear".

Saab production restarts – again.

Saabs are once more rolling out in Trollhattan Of course, we nearly got here before when Saab went courting China’s Hawtai Motor Group, but that deal fell apart when the Chinese government refused to sanction the deal. Or Hawtai pulled out. Depending on which version you believe.