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Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.

Hyundai ix35 FCEV Hydrogen Fuel Cell heading for Copenhagen

Hyundai has announced that the Municipality of Copenhagen is taking delivery of 15 Hyundai ix35 FCEV as Hyundai roll out the FCEV. We recently reported that Hyundai are planning to have the hydrogen fuel cell powered ix35 – the ix35 FCEV – commercially available by the end of 2012, and that’s on track with the news that Copenhagen is taking fifteen ix35 FCEVs for its fleet. The decision by Copenhagen to take a small fleet of ix35 FCEVs is part of their quest to have a CO2-free city by 2015 (we assume that means all plant life will end), but the important thing is that running hydrogen cell cars round city roads will get rid of NOx and particulates – which is what really matters.

Peugeot 207CC

Following the 207 Epure concept shown at the Paris Motor Show, Peugeot has revealed the production version, the 207CC - though without the concept's fuel-cell powertrain. Succeeding the popular 206CC launched in 2001, the 207CC obviously doesn't differ much from the show car, which was the first model touched by Co-Director Peugeot Design Jerome Gallix.   Replacing the fuel cell is a range of IC engines; two gas and one diesel.