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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.

Changan Raeton

Changan is predominantly active in the small car market, but the mid-sizes Raeton is aimed at entering the official and private vehicle markets, measuring in at a length of 4,920mm, a width of 1,825mm, while the car stands at 1,500mm tall riding on a wheelbase of 2,800mm. The development was based on the automaker's CD1-platform and was completed in its Turin-based European Design Centre, under the direction of Luciano D'Ambrosio and Chen Zheng. As early as the 2009 Shanghai auto show, Changan unveiled its CD101 concept car in attempt to explore the future design of the mid-size sedan.

Crazy Skoda concept set to wow crowds

TAKE ONE Skoda Citigo, chop its roof off, install some neon lighting under the chassis and you get the Skoda apprentices’ dream car, apparently. The CitiJet is the madcap brainchild of 16 budding Skoda designers, who were tasked with creating their ideal car out of an existing Skoda model. Effectively, a Citigo Sport has been turned into an open-top city slicker, but don’t ask how the roof closes because there isn’t one.