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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Mitsubishi Concept PX-MiEV (w/ Gallery)

Mitsubishi Motors has revealed that it will be showing a total of 16 cars at the 2009 Tokyo Motor Show, one of which being this PX-MiEV plug-in crossover concept. According to the Japanese automaker, solid, safety and simple were the keywords which drove the development of its exterior design, and Mitsubishi is keen to imbue this next-generation crossover with a simple appearance. All extraneous elements have been pared, so the design is free of 'rugged' elements typical in conventional SUVs.

2010 Cadillac SRX: A new standard for GM's luxury crossovers

A few years after Lexus touched off the luxury-crossover craze with its RX 300, Cadillac chose to offer the SRX--a completely different, angular tall wagon with a rear liftback built on its rear-drive CTS sedan chassis. Although the SRX was excellent, its showing in a marketplace seeking stylish RX-like crossovers wasn't good. Since it introduced the SRX as a 2004 model, Cadillac has sold a total of 120,000; Lexus sells about 90,000 RXs every 12 months.