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Saab appoints North American administrator, prospects darken

Saab has appointed an outside administrator to oversee its business in North America and the potential wind-down or sale of the company if its parent operations can’t emerge from bankruptcy. The move was announced on Wednesday afternoon by Saab North American COO Tim Holbeck as the company’s future remains uncertain. McTevia & Associates, a management and financial-consulting service with offices in suburban Detroit and Florida, is the administrator.

Toyota to get BMW Diesel Engines, BMW to get Toyota Hybrid Technology

BMW & Toyota in talks to share technology Toyota and BMW are reportedly in talks to share technology, with BMW getting access to Toyota’s hybrid expertise, and Toyota getting BMW diesel engines. A profitable future for car makers relies to a great extent on yielding the best return they can from their own products, and using the products of other car makers to augment their own range at sensible money. That imperative explains the report today that BMW and Toyota are in talks to exchange technology at which they excel; Toyota with hybrid technology and BMW with diesel engines.

Mitsubishi Concept PX-MiEV (2009) unveiled

By Ben Pulman First Official Pictures 01 October 2009 15:20 This is the Mitsubishi Concept PX-MiEV, the Japanese car company’s star attraction at this month’s 2009 Tokyo motor show. The concept tag is obvious, but the PX part designates the show car as a plug-in hybrid crossover, and MiEV stands for Mitsubishi innovative Electric Vehicle. Externally the PX-MiEV drops heavy hints towards the styling of the next Outlander, but Mitsubishi has pared back the design and purposely avoided adding the 'rugged'’ elements so common to SUVs.