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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Continental developing experimental semiautonomous vehicle

A vehicle that drives itself has been a fantasy for many drivers since they encountered their first traffic jam. While a fully autonomous car is not quite here, Continental—yes, the same company that makes tires—has an experimental semiautonomous vehicle that will eclipse the magical 10,000-miles-on-road mark this month. Its unassuming Volkswagen Passat is fitted with a plethora of safety and technology systems that the company has been developing and tweaking over the course of the project.

Trouble at Bertone

It was hoped that Bertone would be exhibiting its latest concept, the B.A.T.11, in Geneva this year, a design inspired by the B.A.T.5., B.A.T.7 and B.A.T.9 concepts developed between 1953 and 1955. The car is based on the Alfa Romeo 8C Competizione. But after receiving a release from Stile Bertone announcing the prototype on February 13, the company's communications department sent through another email stating that it would not, in fact, be attending the show this year.