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Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection

Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.

Fisker nets $528 million from Energy Department for hybrid development

Fisker Automotive is building its reputation on producing eco-friendly, luxurious cars. And today, the California company is a shade greener, thanks to the U.S. government.

Crowds come back to Concorso Italiano at Monterey weekend

Organizers of this year's Concorso Italiano didn't know what would happen. New owner Tom McDowell had taken over the annual "Celebration of Italian Style" and moved the whole festival from the rather barren airport location to the sprawling Laguna Seca Golf Ranch just downhill from Mazda Raceway Laguna Seca. Would anybody show up?