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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’

Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.

Isuzu MU-X SUV revealed ahead of Tokyo motor show

Just ahead of the Tokyo Motor Show later this month, Isuzu has shared more details on its upcoming MU-X SUV which was revealed in Bangkok days ago. Based on Isuzu D-Max pickup, the Isuzu was actually developed alongside the Australian-market Holden Colorado 7, sold elsewhere as the Chevrolet TrailBlazer. The seven-seat MU-X was designed in Thailand along with its Holden sibling, and its development route mirrored that of the first SUVs that started coming to the market in the mid-1980s -- taking a compact truck and adding a couple of doors and a hatch for the back.

Lamborghini reveals 2011's new V12 supercar engine

Lamborghini today announced the first details of its new V12 engine and transmission, which Lamborghini president and CEO Stephan Winkelmann promises will be 'the strong heart of the Murcielago successor next year.' It's to be the first clean-sheet Lamborghini engine since the original V12 first appeared in the 350GT, nearly 50 years ago. Lamborghini is keen to promote the low weight yet high performance of the new V12, which produces 700bhp yet tips the scales at only 235kg. Sant'Agata has also announced a new transmission for the Murcielago successor.