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Saab targets German luxury foes with a new 9-5

The redesigned 2010 Saab 9-5 Aero sedan is big, filled with technology, and designed and engineered to compete with the Audi A6 and the Mercedes-Benz E-class sedans. “The new Saab demonstrates that we are alive and kicking,” said Victor Muller, CEO of Spyker Cars NV, the Dutch sports-car maker that purchased Saab from General Motors Co. in February.

Jaguar: Sales rose 8% in 2008

Jaguar Cars Ltd., which stopped reporting sales figures after being purchased by India's Tata Motors in June, said global sales rose 8 percent last year while U.S. volume fell. Jaguar sold 65,000 vehicles in 2008, Managing Director Mike O'Driscoll said in an interview at the Detroit auto show.

Ultra-rare Steyr Puch 500 goes to auction

£18,000 might seem like a lot of money for a car based on the original Fiat 500, but this particular Steyr Puch example is one of just 33 ever built. Austrian firm Steyr Puch entered into an agreement with Fiat in 1954 after production was halted during World War II, and began production of the 500 under licence. Only 33 right-hand drive examples were ever produced, and of those only two survive; this example and one in the Steyr Puch museum in Austria.