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Saab struggles with bills – Vladimir says it’s all fine

The Saab production line grinds to a halt as components run out I think we all hoped that after the long, painful transition from GM ownership in to new hands at Spyker that things would settle down and Saab would get back to making cars instead of headlines. But it seems not. Just a few days ago we had news that lifetime Saab man and CEO of Saab Jan Åke Jonsson is to step down in May, together with the news that Saab lost €140 million in 2010.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Audi Nanuk Quattro concept (2013) at Frankfurt motor show

This is the Audi Nanuk Quattro concept, unveiled at the 2013 Frankfurt motor show. It's a cross between Audi's R8 supercar and an SUV, and it's powered by a new twin-turbo V10 diesel engine. It’s been designed in conjunction with Italdesign Giugiaro, the famous Italian styling housed most recently responsible for the Lamborghini Gallardo-based Parcour crossover concept.