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Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

New-car smell less toxic but not safe, Ecology Center says

The Ecology Center released its fourth consumer guide to toxic chemicals last week, and the news is better. The amount of volatile organic compounds (VOCs) in new cars has decreased, but we still have a ways to go. VOCs in plastics and flame retardants have been linked to a variety of acute and long-term health concerns.

Audi Kicks Off Le Mans Campaign In Style

THERE’S no getting away from the fact that Le Mans is a big deal for Audi. The German car maker has dominated the famous endurance race in recent years, and to reinforce the event’s importance the launch of its 2014 car was a little unconventional. The Le Mans circuit is unusual in that, for most of the year, part of it is a public road.