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First new Saab rolls off the production line

A NEW SAAB car has rolled off the Swedish production line for the first time in two and a half years. National Electric Vehicle Sweden, the Hong Kong-based company that bought Saab out of bankruptcy in September last year, presented its new 9-3 Aero at the factory in Trollhattan. The company, also called NEVS, aims to make electric cars under the Saab brand, but said it will also provide petrol cars until "electric cars fully meet customer demands." The first 200 cars will be delivered in spring costing 279,000 kronor (£26,000) each.

Mitsubishi teases three SUV concepts for 2013 Tokyo motor show

By Ollie Kew First Official Pictures 08 October 2013 11:00 Mitsubishi is planning a new concept car bonanza at the Tokyo motor show from 22 November 2013, with three takes on the idea of a fuel-sipping SUV. As well as revealing the future design direction for Mitsubishi’s styling, and potential new niches for its growing SUV range, the crossovers demonstrate the latest iteration of Mitsubishi’s plug-in hybrid push. There’s a full-size SUV design, plus a coupe-styled brother and a new MPV.

CAFE standards set to rise to 54.5 mpg for 2025

President Barack Obama on Friday revealed ambitious plans to raise the corporate average fuel economy standard for cars and light trucks to 54.5 mpg by the 2025 model year, a landmark move that will dramatically remake carmakers' product portfolios and consumers' buying habits. Unlike the first CAFE standards passed by Congress in 1975, the Detroit automakers now publicly support the high requirements and have begun retooling their fleets to adapt the changes. “[This] represents the single most important step we've ever taken as a nation to reduce our dependence on foreign oil,” Obama said in a morning press conference.