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Saab: On the edge of oblivion

Saab go in to meltdown We’ve had a statement in from Saab this morning telling us that they are now unable to pay their staff until they manage to get a bit of funding in. Didn’t they just get a pile of Euros in from Panga Da for a boat full of Saabs? According to two previous statements from Saab they received €30 million Euros at the end of May for 1,300 Saabs ordered by Pang Da, and another €15 million for a further 650 cars a week later.

Dual-clutch transmission put on hold at Chrysler

Chrysler Group has delayed introduction of a fuel-saving automatic transmission so it can make the shift patterns more palatable to U.S. drivers--the latest sign that a key tool in automakers' plans to meet tougher fuel-economy rules needs some fine-tuning. Two weeks ago, Ford Motor Co., which uses a similar dual-clutch transmission in its Fiesta and Focus, took a hit in Consumer Reports' annual reliability survey because many drivers complained about balky shifting.

Fisker Surf

Fisker has unveiled its new eco-friendly plug-in hybrid Surf vehicle at the 2011 Frankfurt motor show. The Surf, which the company claims is the world's first electric luxury/sports automobile, follows up the Fisker Karma's electric vehicle with extended range, but has additional cargo capacity and load carrying capabilities. The Surf weighs in at only 66 pounds more than the Karma sedan, despite increased glass and bodywork.