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Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

CES opens with fewer big wheels, including carmakers

There are some grumblings that the annual CES is becoming less relevant in this era of 24-hour news and instant globalization of information on the internet. And you can make a good argument that the relevance of the world's largest consumer electronics show is at least evolving, for carmakers as well as for other industry giants. It has always been an industry only show, with no public -- the “consumers” in "consumer electronics" -- allowed.

Nissan NV200: Nissan’s take on the London Taxi

Nissan is taking on the Black Cab market with the Nissan NV200 London Taxi, expected to go on sale in 2014 from around £30k. It may not be the biggest market in the car world, but the profile of the London Taxi makes it a worthwhile target for car makers. Mercedes recently took on the traditional Black Cab with their Vito-based taxi and did a very good job – but at a price; the Mercedes Vito Cab costs around £42k, almost £10k more than the traditional London Taxi.