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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’

Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.

Last Lexus LFA in Europe gets delivered

The last Lexus LFA to be delivered to a European customer has now arrived with its owner in Switzerland bringing to an end the Lexus supercar adventure. It took another year for Lexus to start building the LFA at the Motomachi Plant, Aichi Prefecture and a further two years for the plant to finish building the 500 LFAs planned, with the last LFA being built in December last year. Despite the last LFA rolling out in December it’s taken until today for the last LFA bound for a European customer to be delivered, with its new owner taking delivery in Switzerland.

Volkwagen XL1 makes US debut

The Volkswagen XL1 hyper fuel-efficient vehicle debuted in Chattanooga, Tenn. on Thursday at the 23rd Annual Society of Environmental Journalists Conference. At first we wondered why we weren’t invited, and then we realized it was because of our proclivities for V8s and turning rubber into smoke.