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Saab China Deal: Chinese Government support ‘In Principal’

Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.

Judge dismisses dealers' lawsuit against Tesla's retail stores

Dealers trying to block Tesla Motors Inc.'s retail stores in Massachusetts lost another round this week when a judge dismissed their lawsuit against the electric vehicle maker. In a ruling issued Monday, Norfolk County Superior Court Judge Kenneth Fishman said the Massachusetts State Automobile Dealers Association and other plaintiffs lacked standing to sue. It was the same reasoning the judge used in a November ruling denying a preliminary injunction against Tesla's suburban Boston store.

Upcoming Volvo XC90 gets new safety tech

The Volvo XC90 has been with us for 10 years now -- a long time indeed when it comes to product life cycles of comparable upmarket SUVs. The stylish sport utility was a popular seller in North America for a good part of that decade, and for a while was even offered with a 4.4 liter V8 engine developed by Yamaha and shared with the second-gen S80 (a first for a Volvo passenger car). But if there's one thing Volvo is known for, it's not V8 engines -- it's safety.