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Saab unions threaten bankruptcy action over unpaid wages

Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.

A look at Volvo future products

Volvo wants to derive economies of scale from a new front-wheel-drive architecture called SPA, for Scalable Platform Architecture. The redesigned XC90 crossover due in 2014 will be the first to use the architecture. SPA was designed for a new family of four-cylinder gasoline and diesel engines that Volvo will begin using on existing models next fall.

2015 Volkswagen Touareg unveiled prior to Beijing motor show debut

Volkswagen has given the second-generation Touareg an update, and it's bringing the refreshed SUV to the Beijing motor show next week. The Touareg has been a solid global success for Volkswagen with over 720,000 units sold, despite all the ink expended discussing its pricing (especially compared to the rest of the automaker's range), and the company has spent quite a bit of time and money updating the Touareg for the 2015 model year. So what's new inside and out?