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Is the car industry heading toward the past?

Is the future of cars decidedly old school? An NPR blogger certainly thinks so. NPR Business Desk reporter Sonari Glinton recently likened the 2014 Detroit auto show to an era 40 years ago, reflecting the possibility that the renewed zeitgeist of an entire convention indicates a "retro" kind of thinking.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.

Autoweek in review: Win a Chrysler 300 SRT, the new Viper under $100K, and we play with an Aston Martin

Want a chance to win a Chrysler 300 SRT? Of course you do. The Autoweek America Adventure is a road trip you'll never forget—and it may even be your path to 300 SRT ownership.