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Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Consumer Reports calls out Ford mileage claims

Yet another flagship Ford technology has ended up on Consumer Reports' bad side. After roundly panning the MyFord Touch infotainment system, the magazine has now gone after EcoBoost, Ford's line of direct-injected turbocharged gasoline engines. CR went so far as to label the technology “Eco-Boast.” Me-ow.

Fast and Furious star Paul Walker dead at 40

According to numerous reports, Fast and Furious star Paul Walker has been killed in a single-car crash that took place in a Southern California office park. Conflicting eyewitness reports suggest that Walker was either driving, or was a passenger in a Porsche Carrera GT when it struck a tree and burst into flames killing Walker and a passenger.