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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Chrysler dedicates resources to improving its vehicle interiors

A few years ago, auto supplier Visteon Corp. graded Chrysler's interiors. It was simple to understand, a color-coded list, said Ralph Gilles, senior vice president of product design for Chrysler Group LLC -- green for good items, red for bad and yellow for areas of caution.

Andy Saunders sells 'Art Cars' collection

British 'car artist' Andy Saunders' 'Art Car' collection was sold by RM Auctions in London, UK on October 29, along with a selection of classic cars and a McLaren F1 that sold for £2.5 million - a new world record. Though lacking the quality of many Californian custom cars when seen close up, the Art Cars were fascinating to see, and unlike other custom car creators, Saunders has made almost all of the cars for himself; conceiving and creating the cars without any design process beyond thinking them through and getting his hands dirty in evenings after work.  Each of the cars introduced new themes not evident in their donor designs and, within the context of many salubrious but established classic car designs at the auction, they had a powerful quixotic appeal. So why is he selling them?