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Ford starts big push on redesigned Explorer, touting fuel economy and capability

Ford Motor Co. will emphasize fuel economy, off-road and towing capability and a smoother ride when it launches TV and print advertising for the redesigned 2011 Explorer next month. In other words: Different build but better capability, Ford says.

The next McLaren supercar will be called the 650S

We've known that McLaren has a pair of additional models in the works, including a Porsche 911-fighting, 12C-based sports car known only as the P13 and another car positioned between the 12C and the P1. Previously, we'd heard the code name “P15” tossed around in reference to that latter car, but McLaren has officially christened it the 650S ahead of its world debut at the upcoming Geneva motor show. According to the automaker, the 650S “takes learnings from both the 12C as well as the sell-out McLaren P1 [ed note: there has to be a better way to say that] and will be positioned between the two on McLaren Automotive's supercar grid.“ We liked the 12C, and we really, really liked the P1.

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.