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Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Future products: Hyundai's push will change the look of showrooms

Hyundai is introducing seven new or redesigned models in a 24-month stretch that ends in the fall of 2011. So naturally the Hyundai guys refer to their product onslaught as “24/7.” And the pace won't slow much after those seven models hit the streets. Significant new entries also are planned for 2012 and 2013, including Hyundai's first fuel cell electric vehicle, a redesigned Veracruz full-sized crossover and a replacement for the Azera full-sized sedan.

Telematics--It’s What’s For Breakfast: Hyundai, Toyota latest to connect their drivers

Two more carmakers have connected their customers to the cloud. Hyundai introduced its Blue Link platform at the Consumer Telematics Show, held the day before the Consumer Electronics Show opens in Las Vegas. Meanwhile, Toyota revealed details of its coming Entune system at CES.