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Saab finds a buyer
Wed, 13 Jun 2012Bankrupt 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.
Camouflaged Cadillac ELR spotted on the road
Mon, 03 Sep 2012Autoweek reader Josh Lindquist recently snapped these photos of what may be a camouflaged Cadillac ELR cruising around metropolitan Detroit. While the photos don't show the car from every angle, its lines are strikingly similar to those on the ELR featured on Cadillac's official Web site. The ELR first appeared as the Cadillac Converj concept in 2009.
New Ferrari F12 Berlinetta unveiled UPDATED
Wed, 29 Feb 2012Ferrari F12 Berlinetta is here It’s the new Ferrari F12 Berlinetta – not the F620 – but it is the replacement for the 599 and heading for a Geneva Debut. After leaks of images and photos of mock-ups what we thought would be called the F620 turns out to be the Ferrari F12 Berlinetta. Despite the name attached to the leaks of the new F12 being wrong, the photos were pretty much right.