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Is Saab doomed because Victor Muller wants to have his cake & eat it?

Saab: Time for Victor Muller to be forced aside? Victor Muller is a charming and charismatic man, as evidenced by the endless stream of seemingly sensible business people he’s persuaded to invest in Saab, and other Muller ventures. But we’re beginning to wonder if the demise of Saab has been hastened by Muller, rather than delayed.

SAE approves new fast-charging standard for EVs, plug-ins

SAE International said it has approved a new technical standard that will dramatically reduce charging times for plug-in hybrid electric vehicles and electric vehicles. The global engineering group said the new charging standard, developed with the cooperation of more than 190 automakers, utilities and equipment builders, will allow charging times to be reduced from as long as eight hours to as short as 20 minutes. Automakers want DC direct charging to take less than 10 minutes, or roughly the time it takes to fill a tank with gasoline.The goal is to accommodate currents as high as 500 volts distributed from public charging stations.

First Ferrari 458 Italia in U.S. auctioned for $530,000 to benefit Haiti

It's one thing to own a Ferrari; it's another to be the first one to own an all-new model. The first 458 Italia was auctioned off on Thursday night for $530,000 in a stunning charity gala held at a Beverly Hills estate that made the Clampett mansion look like the carriage house where the pool boy stayed. Auctioneer David Gooding donated his services and got the ball rolling at $250,000, which was more than the expected MSRP for the car of about $220,000.