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Bentley posts big sales jump for 2011

Luxury-car maker Bentley says 2011 was a banner year, with global sales of 7,003 cars, up 37 percent from the year before. Bentley capped the year with a strong December, selling 1,059 cars--the second-best month for sales in its history. Sales in December were up 69 percent from the same month a year earlier.

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.

Chrysler/Lancia Ypsilon

To celebrate 25 years of the Lancia Ypsilon, the Fiat is set to launch an all new variant at the 81st Geneva motor show. Based on a stretched Fiat 500 platform, the Ypsilon boasts an extra 300mm between its front and rear wheels, improving rear legroom and allowing for the additional rear doors. Overall, the Ypsilon's exterior has grown by around 60mm in length, but the cars height has dropped by around 20mm.