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Lexus RX450h hybrid - 2012's facelift goes on sale

Lexus has refreshed its RX premium off-roader with a slew of new gadgets, a facelifted snout, a few small engineering upgrades and extra equipment. Sold in the UK only as the RX450h hybrid, you'll spot the new 2012 edition by the addition of the Lexus 'spindle' grille, as seen on recent concept cars such as the LF-LC from Detroit 2012. The rear lamps are redesigned, too, although if you blink you may indeed actually miss them.

Report: Chrysler Sebring to be renamed Nassau

The Chrysler Sebring will reportedly get a new name later this year: Nassau. The midsize sedan is due for a freshening, including an updated interior, along with its Dodge sibling, the Avenger. The Detroit Free Press, citing anonymous sources, says the new name will be Nassau.

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.