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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

CONFIRMED: McLaren P13 will arrive in 2015 to take on Porsche 911 & Audi R8

McLaren has confirmed the McLaren P13 will arrive in 2015. The original plan for McLaren’s new range of supercars was that the 458-bashing 12C would arrive first (which it did) followed by a more affordable mid-engined car – think nearer £100k than £200k – to mop up sales from the Porsche 911 and Audi R8. But McLaren decided they should get the P1 out before the P13 so they could give their dealer network a nice halo model, and go head-to-head with LaFerrari and the Porsche 918 Spyder.

Hyundai teases new HCD-14 concept (2013)

Hyundai is no stranger to the coupé market and it plans to unveil another at the 2013 Detroit motor show next week - in the shape of the HCD-14.  No information regarding performance or pricing has been released yet, aside from a single teaser image, but a Mercedes CLS-type swooshing rear end won’t get any complaints from us. Hyundai HCD-14: the teaser    Hyundai says the HCD-14 'will give the automotive world a glimpse into future Hyundai premium vehicle design, advanced 3-D gesture-based technology controls, and spirited driving dynamics.' Standard concept car teasing twaddle, then. For the full story on the new Hyundai coupe, come back next week when we report live from the North American International Auto Show, aka the Detroit motor show.