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Saab files for Bankruptcy

Saab Bankrupt It looks like Victor Muller’s dream of saving Saab is over with Saab shares suspended and the company filing for bankruptcy. Saab has produced nothing since April and has lurched from crisis to crisis ever since. Victor Muller has pulled every trick he knows – and some he didn’t know he knew – to keep Saab afloat, but it looks like it’s all for nothing.

General Motors reveals two-wheel PUMA electric-vehicle prototype

It’s based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller. But despite the unconventional nature of this vehicle, General Motors says a two-seat, two-wheel ride called PUMA could be a solution to loosen congestion in crowded urban areas.

Ford previews new Vignale sub-brand before Frankfurt motor show reveal

Ford is creating a new sub-brand for the European market, even though the top-of-the-line "Titanium X" trimmed cars are strong sellers already. The name of this sub-brand will be one that most of you have heard, perhaps not associated with the Blue Oval: Vignale. Ford has made it clear that none of the Vignale models will be sold in the U.S..