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Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Ford dropping Ranger pickup from U.S. lineup after 2011

Ford Motor Co., as expected, is dropping the venerable Ranger compact pickup from its U.S. lineup after the 2011 model year. Ford is consolidating its global pickup truck platforms from three to two with the introduction of an all-new Ranger to be sold outside North America starting next year.

Spyker C8 Aileron Spyder – Pebble Beach Debut

Spyker has debuted the Spyker C8 Aileron Spyder at Pebble Beach So it’s entirely fitting that Spyker should bring along the Spyker C8 Aileron Spyder to the Pebble Beach Concours d’Elegance event this weekend, to show off what they have to offer. After all, with the target being 50% of Spykers going to the States in future, this is the single most important market for Spyker. Spyker has a big advantage with the C8 Aileron Spyder.