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Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

VW Beetle GSR: Price from £24,900

The Beetle GSR is a homage to the Yellow-Black Racer Beetle from the 1970s (GSR stands for Gelb Schwarzer Renner – which means Yellow-Black Racer) which featured a similar paint job, boosted power (a whole 49bhp) and was also limited to 3,500 units. But the 2013 version of the Beetle GSR does at least offer much more get up and go than the 1970s GSR managed. That means the GSR comes with VW’s 2.0 litre turbo with 207bhp which is enough to get the yellow Bug to 62mph in 7.3 seconds on its way top 142mph, and is the same power output all Beetles with the 2.0 litre TSI will get from May 1st (up from 197bhp).

Daimler boss on Mercedes' small car plans

Small cars were the big message from Daimler CEO Dieter Zetsche as CAR sat down with him at the 2011 Geneva motor show to discuss the future of Smart. Electric vehicles - the future of Smart? Smart will not become an electric car specialist, despite sticking to its small car roots, Daimler CEO Dieter Zetsche pledgedj.