Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.

2011 Audi A8 loads up on technology, interior comfort

If you had just the side views of the new, fourth-generation 2011 Audi A8 sedan and its predecessor to look at side by side, the differences appear more subtle than stark. There are the fancy LED headlights and relocated body-side character lines on the new A8, but the roofline and body pillars are mostly unchanged. Inside, though, the change is dramatic.

Toyota FT-EV concept unveiled at Detroit auto show 2009

By Ben Pulman Motor Shows 10 January 2009 20:00 This is Toyota’s new FT-EV concept, the first of three eco-friendly cars being unveiled at the Detroit motor show over the next few days, the other two being the all-new third-generation Prius and the hybrid-only Lexus HS250h. The FT-EV is Toyota’s way of confirming that it will build a battery-electric vehicle (BEV) in 2012, but it’s also using the concept to promote its other environmentally friendly vehicles. The FT-EV concept is built on the iQ’s platform, and designed for commuters with daily journeys of less than 50 miles.