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Viper sports car division no longer for sale

By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.

USAA reveals 'best value' cars and top picks for teens

The top safety pick rating from the Insurance Institute for Highway Safety before being entered into the selection pool. Here are the results of USAA's research: Best value Large Sedan: Dodge Charger Midsize Sedan: Dodge Avenger Small Sedan: Mitsubishi Lancer Large Luxury Sedan: Lincoln MKS Midsize Luxury Sedan: Audi A4 Large SUV: Chevrolet Traverse Midsize SUV: Ford Explorer Small SUV: Kia Sportage Midsize Luxury SUV: Lexus RX 450h (hybrid) Large Pickup: Toyota Tundra Sports: Scion FR-S Coupe: Honda CR-Z Wagon: Audi A3 Minivan: Dodge Grand Caravan Top picks for teens 1.Dodge Dart 2.Dodge Avenger 3.Honda CR-Z 4.Chrysler 200 5.Honda Insight 6.Volkswagen Golf 7.Hyundai Elantra 8.Nissan Versa 9.Kia Optima 10.Chevrolet Malibu

Saab says three new models are in the works

Saab says a new financial deal with Chinese companies Pang Da and Zhejiang Youngman Lotus gives it the cash to plan three new models. Saab's plan calls for: -- The 9-1, an entry-level car that has been known as the 9-2 until now. -- The 9-6 and the 9-7, which Saab says will be prestige vehicles.