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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.

Citroen Numero 9 Concept & 3 new Citroen DS models on the way

Citroen Numero 9 Concept Citroen has revealed the Numero 9 Concept ahead of the Beijing Motor Show – which we thought was the DS9 – and revealed 3 new DS models planned. The Citroen DS range is due to launch in China during 2012, and the impressive Citroen Numero 9 Concept – which we’d assumed was going to be the Citroen DS9 (and may still be) – has been conceived to mark the launch of DS at Beijing later this month. A big Citroen flagship has been on the cards for some time and the Numero 9 is an evolution of the Citroen Metropolis Concept, which we thought could become the DS6, and is probably destined to go in to production at some point as the DS9.

2013 SRT Viper revealed in New York +Video

2013 SRT Viper The new Dodge Viper – the 2013 SRT Viper – has been revealed at the New York Auto Show. More power, less weight and more upmarket. The American King of the Nurburgring – the Dodge Viper – went out of production in 2010, but now it’s back as the 2013 SRT Viper and has debuted at this week’s New York Auto Show.