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Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Lexus Detroit Concept tease 2. Could this be an LFA derivative?

Lexus Detroit Concept tease 2 (click image for full size) Lexus has sent us the second teaser photo of a new concept showing a new design direction heading for the Detroit Auto Show. Last week Lexus came over all enigmatic and sent us a teaser photo of a concept car heading for the Detroit Auto Show in January which, they say, heralds a new design direction for Lexus. All we got was a tight front three-quarters shot of the new car showing a car which appeared to be dynamic and sporty, and with more than the odd design cue from the LFA.

2011 BMW 5-series: Bavaria's midsize sedan takes cues from bigger 7-series brother

BMW's appetite for controversial design may have waned since the heights of former design boss Chris Bangle's oft-derided flame surfacing stratagem. But it shows no sign of fading completely, as we see in the first official photographs of the new sixth-generation 5-series, which goes on sale in North America by mid-2010. Codenamed F10, BMW's midsize sedan is restyled and reengineered in a bid to keep it ahead of key rivals such as the recently renewed Mercedes-Benz E-class and the Audi A6.