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Consumer Reports calls out Ford mileage claims

Yet another flagship Ford technology has ended up on Consumer Reports' bad side. After roundly panning the MyFord Touch infotainment system, the magazine has now gone after EcoBoost, Ford's line of direct-injected turbocharged gasoline engines. CR went so far as to label the technology “Eco-Boast.” Me-ow.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.

BMW Z4 Pure Fusion headed to Detroit auto show

BMW will be debuting a special edition of the 2014 BMW Z4 at the upcoming Detroit auto show, but today we're getting a sneak peek. The BMW Z4 Pure Fusion Design will essentially be an interior options package that will feature napa leather trim along with specially designed sport seats in ivory white, with contrasting brown stitching. The lower portion of the dashboard will also feature ivory white leather, as will the arm rests, door panels, and passenger pull handles.