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Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Infiniti Q30 concept rendered ahead of Frankfurt motor show reveal

Infiniti has released a rendering of its upcoming Q30 concept, which will be unveiled at this year's Frankfurt motor show in September. The Q30 concept is intended as a contemporary design vision for a future compact vehicle from the brand. "This Infiniti Q30 concept is a prelude to the product portfolio expansion which underpins our aggressive global growth strategy," said Johan de Nysschen, Infiniti president.

Future products: Infiniti adds models at top, bottom of lineup

In an effort to broaden its product coverage, Infiniti will launch a more expensive model and a less expensive one. The brand also will get two alternative powertrain technologies next year. G25: The luxury marque's entry-level sedan will go on sale this month in a bid to reach deeper into the near-luxury segment.