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Chrysler and Nissan cancel vehicle-swapping deal

Chrysler and Nissan are canceling their 2008 deals to build vehicles for each other, the automakers announced Wednesday afternoon. Chrysler was to provide Nissan with a full-sized truck, based on the Dodge Ram, starting in 2011. It would have been a replacement for the Nissan Titan.

Lightning at the London motor show 2008

By Guy Bird and CAR reader reporter asp Motor Shows 24 July 2008 09:03 The previous GT revealed by the Lightning Car Company two years ago was a conventional 4.8 V8 petrol sports car but then the firm decided to start again from scratch and become a pure electric car brand. The result – claimed to be Britain's first all-electric sports car – was shown at London… What’s new on Lightning’s London motor show stand?The completely redesigned 2008 GT – only the windscreens are common – is a pure electric vehicle with a claimed 700bhp equivalent of power on tap. It’s a dream machine in every sense: 100 percent electric with four in-wheel motors, slick sports car styling, 0-60mph in under four seconds, a 180-mile range and claimed 10-minute recharge.

Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.