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Porsche Boxster S: 2013 Autoweek Best of the Best/Car

Today, Autoweek editors announced the Porsche Boxster S and Mercedes-Benz GL as the car and truck winners at the 2013 Best of the Best awards presentation. Editor Wes Raynal revealed the winners and presented Best of the Best trophies to representatives from the winning auto manufacturers. 2013 Porsche Boxster S: Autoweek Best of the Best/Car “As the only brand to have two models make our list of finalists, Porsche showed up in force,” Raynal said.

June sales get a pick-me-up from pickups

If there's a bright spot in June's tepid light-vehicle sales, it came from an unlikely segment. After slumping for several years as the economy tanked and gas prices spiked, pickup demand is rising faster than the overall sales gains of most automakers--serving as a pillar once again during the industry's fledgling recovery. And most of the buyers returning to showrooms are pickup enthusiasts, automakers say.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.