Bankruptcy looms for cash-starved Saab

The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.

Consumer Reports slams new Honda Civic

Honda Motor Co., still struggling with supply shortages of the redesigned 2012 Civic after the March earthquake in Japan, took a slap in the face today when Consumer Reports rated the new Civic "too low to be recommended." The 2012 Honda Civic dropped 17 points, from a very-good score of 78 to a mediocre 61, in the latest Consumer Reports road test of small cars. Previous Honda Civic models have often been Consumer Reports' highest rated small sedans, as well as Top Picks in five of the past 10 years. But the redesigned model was slammed for the cheapness of its interior, poor ride quality, long stopping distances and loud interior noise.

Peugeot 3008 – new 163 HDi auto launches

The Peugeot 3008 HDi 163 auto is now available in the UK There’s absolutely nothing wrong with the Peugeot 3008 as far as we can see. It’s a very convincing crossover from Peugeot and has performed strongly since its release six months ago. We’ll be getting our chance to play in a few weeks when we have a 3008 Sport Hdi 150 booked in for review.