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Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

William Clay Ford Sr.'s death: Leaders and sports world react

William Clay Ford Sr., who died on Sunday at the age of 88, served in numerous positions at the Ford Motor Company, including 32 years as chairman of the Design Committee, and became chairman of the Executive Committee in 1978. Comments on the death of Ford, the last surviving grandchild of automotive pioneer Henry Ford and owner of the NFL's Detroit Lions: "The Fords are among Michigan's iconic, founding families, and he was an innovator in the family tradition as well as a strong leader. Like his grandfather, he was passionate about automobiles and the auto industry, the city of Detroit and his family.

Citroen to launch range of Green, Eco cars

Citroen C-Cactus Concept will form the basis of a new range of Citroen Eco-Cars The first of the new range will be based on the existing C4, but feature bodywork based on the C-Cactus Concept (but a wee bit prettier, we hope) and featuring a range of green and economical propulsion systems. Under consideration are an electric version (EV),  a  form of hybrid technology or simply lopping a cylinder off and aiming to bring the Co2 down to under 100g/km. So that will give Citroen three distinct ranges.