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Saab sale to National Electric Vehicle Sweden confirmed

The sale of a substantial portion of Saab assets to National Electric Vehicle Sweden has been confirmed. It’s taken a very long time, but Saab has finally found a new home in the hands of National Electric Vehicle Sweden, as we reported last week. National Electric Vehicles Sweden has been set up to take over the assets of Saab and is a consortium of Japanese, Swedish and Chinese stakeholders, but it does not get the contentious Saab 9-5 technology that has dogged the sale of Saab so far.

Jaguar C-X75 supercar program halted

Jaguar has dropped plans to put the C-X75 hybrid-powered supercar into production, according to a report Tuesday by Autocar magazine in the UK. The reason is struggling economies around the world, the magazine said, citing Jaguar brand director Adrian Hallmark. Jaguar planned to launch the C-X75 next year and had partnered with the Williams Formula One team to help develop it.

New Mini Hardtop 4-door: First look

Meet the Mini Cooper Hardtop 4-door. The company has followed the surprise unveiling of its one-off Superleggera Vision roadster concept at the recent Villa d'Este Concourse d'Eleganza in Italy with this, a five-door production hatchback that is planned to join its North American lineup later this year. The new Mini model shares its front-wheel-drive mechanical package with the latest three-door Mini Cooper hatchback launched earlier this year but aims to provide more everyday practicality than its popular sibling through a combination of extended external dimensions and a pair of stubby rear doors.