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NEVS completes Saab purchase

National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.

JAG CELEBRATES SUCCESS AND A BIRTHDAY

BARONS' RECENT annual 'Jaguar Heritage Sale' celebrated all models of the much-loved marque but the E-type, in its 50th anniversary year really stole the show. The car had bidders and vendors purring with pleasure and nine of these stunning cars were on offer and all of them sold. Of the four examples offered, not one sold for less than £31,000 and the chart topper – a magnificent, bright red 1972 machine achieved over £39,000.

Car Design Awards China 2012 winners announced

The third annual Car Design Awards China competition came to an end earlier this evening as the winners of the 10 categories were announced along with the nomination for 2012 Student Designer of the Year - Xiao Hangjie, a student at Hunan University. The awards ceremony was held at the studios of CH-Auto in Beijing in the presence of an audience of renowned designers and judges from both domestic and international OEMs, with esteemed designer Chris Bangle acting as master of ceremonies. At the concluding judging session held in Beijing in March, one of the judges, Simon Loasby, Director of Design at VW China, said, "It was so difficult for us to decide on a winner, the entrants were so strong.