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Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

British Car Day Dayton celebrates 30th anniversary Aug. 2

British Car Day in Dayton, Ohio is celebrating its 30th annual gathering on Saturday, Aug. 2. Organizers are expecting more than 325 pieces of British sheetmetal from across the Midwest to attend.

Nissan Nuvu 2+1 and Pixo at Paris (2008): first official pictures

By Ben Pulman First Official Pictures 08 September 2008 10:27 Nissan's Nuvu - a futuristic 2+1 urban concept car - and a new Suzuki Alto-based city car will make their debuts at the Paris motor show in October 2008. The Nuvu name literally means ‘new view’, so the concept previews urban transportation for the next decade. Pictures won’t be released until Paris, but we know the Nuvu will feature similar electric technology to the EV-02 prototype and the production EV that Nissan will unveil at the 2009 Tokyo motor show.