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Saab sale to NEVS delayed

The sale of what’s left of Saab to National Electric Vehicle Sweden (NEVS) has been delayed over funding and rights to the Saab name. We all thought, finally, that the end of the Saab saga had come when National Electric Vehicle Sweden was successful in gaining approval from the Saab administrators to acquire what was left of Saab after GM and Spyker failed to agree the sale of Saab as a going concern. The sad fact is that NEVS aren’t planning to carry on the proud tradition of Saab, with its innovative and quirky cars so loved by design professionals, but plan to put the Saab badge on a range of new electric cars.

Peugeot 207 GTI

By Tim Pollard Motor Industry 11 January 2007 01:35 Peugeot's online webzine has accidentally let slip two images of the new 207 GTI, spilling important details of its new hot hatch two months ahead of its launch. The 206 GTI never recaptured the fizz that made its 205 predecessor one of the iconic pocket rockets, but Peugeot hopes to fix that this time round. For a start, the 206 gets the same turbocharged 175bhp 1.6 as in the Mini Cooper S; Peugeot-Citroen PSA collaborated with BMW, which builds the four-cylinder engines at its Hams Hall plant in the Midlands, UK.

GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.