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Saab deal no longer valid says Pangda Chairman. The end of Saab?

Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.

2012 Mercedes E63 AMG gets Twin-Turbo 5.5-Litre V8: New York 2011 Catch-up

2012 Mercedes E63 AMG with twin-turbo V8 It’s always the same; however hard we try there’s always something of proper interest that slips through the net when there’s a motor show on, and this time there’s likely to be more as New York and Shanghai are in full swing at the same time. Excuses out of the way, we thought we ought to take a look at the 2012 Mercedes E63 AMG, which has had a heart transplant to get Mercedes’ latest 5.5 litre twin-turbo V8. Out goes the naturally aspirated 6.2 litre V8 and in comes the forced-induction jobbie, promising more torque and much better economy.

Toyota to build Tesla-powered RAV4 EV in Canada

Toyota RAV4 EV - Made in canada There was a bit of a kerfuffle last month when a Toyota man went on record to say that Toyota would not be making an electric RAV4 that you and I could buy and that instead the electric RAV4 would be “…focused on very strategic applications”. We took that to mean business fleets. But it soon transpired that the Toyota man - Toyota’s National Business Planning Manager – has not been speaking with the authority, and Toyota were quick to respond by saying “…2012 RAV4 EV will definitely be sold to the general public”.