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Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

Ghosn says Infiniti quality must improve to build sales

The boss says quality is key to Infiniti's future. After years with Infiniti at the back of the premium pack, Carlos Ghosn, CEO of Infiniti's parent, Nissan Motor Co., has ordered his team to nail quality once and for all as part of a push to catapult Infiniti into the top three brands of the premium market. Buoyed by a favorable dollar-yen rate and an ambitious new top executive, Infiniti might have its best chance yet to crack those ranks.

2013 Audi S8 engine tech laid bare in new videos

Here's one for the tech geeks: Earlier this month we drove the 2013 Audi S8 sedan, where we came to the conclusion that the 520-hp, 4.0-liter twin-turbo V8 was just right for the executive-class cruiser. The S8 is a heavyweight, but it moves like a cruiserweight or better. The 0-to-60-mph sprint takes just 3.9 seconds, or about the same amount of time it takes to sneeze, wipe your nose and get blessed.