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Saab sale to National Electric Vehicle Sweden confirmed

The sale of a substantial portion of Saab assets to National Electric Vehicle Sweden has been confirmed. It’s taken a very long time, but Saab has finally found a new home in the hands of National Electric Vehicle Sweden, as we reported last week. National Electric Vehicles Sweden has been set up to take over the assets of Saab and is a consortium of Japanese, Swedish and Chinese stakeholders, but it does not get the contentious Saab 9-5 technology that has dogged the sale of Saab so far.

Toyota recalls 86,500 hybrids in the U.S, 250,000 cars total

Toyota Motor Corp. is recalling 242,000 hybrid vehicles worldwide, including 86,500 Toyota Prius and Lexus HS 250h hybrids in the United States, to fix a braking glitch. The problem affects only model year 2010 Prius and HS 250h vehicles.

Forza Motorsport 5 announced for the Xbox One

Xbox fans who also dig racing rejoice: “Forza Motorsport 5” was confirmed today by Microsoft during their press release for its new console, the Xbox One. Developed by Turn 10 Studios, the game will be available later this year simultaneously with the console. While no official launch date was confirmed, we would not be surprised to see “Forza Motorsport 5” under Christmas trees come December.