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Bankruptcy looms for cash-starved Saab

The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.

Ford touts electric range, speed of plug-in C-Max Energi hybrid

Ford's C-Max Energi plug-in hybrid wagon will be able to hit 85 mph on battery power alone, the automaker said Tuesday. The C-Max Energi can also travel 20 miles on electric power. The driver can put the powertrain into one of three modes, via a button on the center stack: -- EV Now, which runs the vehicle on the lithium-ion battery pack until it is depleted.

Autostyle Design Competition 2013: The Results

The results of the tenth annual Autostyle 2013 design competition are in, with three Italian and two French design students earning this year's top plaudits. The contest challenged students from eight schools from around the world to create a custom vehicle from a Citroën Revolte concept, Suzuki SX4, Audi Crosslane, Land Rover Defender DC100 concept or Maserati Ghibli. The schools involved were: Creapole; Istituto Europeo di Design (IED); Institut Supérieur du Design (ISD); Istituto Superiore Scienza dell'Automobile di Modena (ISSAM); Politecnico di Milano; Royal College of Art; Strate College; and Umeå University of Design.