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Ram 1500 EcoDiesels are selling like hotcakes so far

We've been anticipating the arrival of the Ram 1500 EcoDiesel -- and speculating about what it means for the pickup market -- for months. On paper, the truck seems to make perfect sense: The 3.0-liter V6 in the 1500 EcoDiesel returns 23 mpg combined (20 city/28 highway) while producing 240 hp and 420 lb-ft of torque. After taking it for a spin, the $30,465 base price didn't seem too bad, either.

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

Hyundai ix25 sub-compact SUV on the way?

Is the ix-Metro Concept about to become the Hyundai ix25? It looks like a Hyundai ix25 sub-compact SUV is on the way after Hyundai in Brazil revealed they were planning a new B Segment range. It’s getting on for three years since we saw the Hyundai ix-Metro Concept at the Frankfurt Motor Show and it’s finally starting to look as if the ix-Metro will turn in to the production Hyundai ix25.