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Saab gets a ray of hope from China

Victor Muller sees a glimpse of sunshine from China The saga that is the long and painful demise of Saab seemed to reach its nadir last week when courts in Sweden refused to offer the beleaguered car maker sanctuary in its protection. We thought that would be the end for Saab – despite a never-say-die appeal of the decision by Victor Muller, due to be heard tomorrow – with nowhere left to hide from trade supplier debts of €150 million, and the wrath of Sweden’s unions ready to file for Saab’s bankruptcy over unpaid wages for Saab employees. The nadir for Saab should reasonably be followed by its rapid consignment to the annuls of motoring history, but a tiny glimmer of hope has risen from Saab’s putative investors in China.

Abarth Fiat 500 Convertible confirmed. Punto Abarth coming?

It looks like plans for an Abarth version of the 500C for 2010 are confrmed But a successful model is always going to spawn whatever variants a car maker can viably muster, so our report in July that we will see an Abarth version of the 500C in Spring 2010 – probably at the Geneva Motor Show – now seem to have been confirmed as ‘jokeforblog’ has published pictures of what seems to be a road-ready Abarth Convertible at Abarth’s facility. Now that will be a bunch of fun – and just in time for next Summer. Spy shot of the Abarth 500 Cabriolet It also now seems likely that Fiat are pushing ahead with a new Abarth version of the Punto.

GM to build electric motors in-house

General Motors will develop and build electric motors for a rear-wheel-drive hybrid to launch in 2013. GM claims to be the first major U.S. automaker to produce electric motors in-house and says it is investing $246 million in the project.