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Bristol Cars sold to China. Possibly.

Bristol Cars - is it a Chinese Takeaway Earlier this month we reported the sad demise of the quirky and eccentric supercar maker that is Bristol cars, forced in to administration through a shortage of equally eccentric millionaires to buy their creations from another time. The good news is that they still look like a viable entity if they’re properly marketed, so we didn’t expect it to be too long before a buyer popped up and grabbed the Bristol Cars name, its Kensington showrooms and the handful of staff left. So we weren’t surprised to get an email this morning from China telling us the press there are reporting that the Xinjiang No1 Tractor Company – a State-owned maker of tractors (you’d never have guessed) – had snapped up Bristol Cars from the administrators.

Spyker confirms new Saab 9-3 coming in 2012

Spyker, Saab’s new supercar-building owner, has outlined its plans for the brand – which include a new 9-3 range – ahead of an extraordinary general meeting on 12 February where it hopes its shareholders will ratify its purchase of the ailing Swedish car company. If it gets the green light, Spyker and Saab will be renamed as Saab Spyker Automobiles NV – though each company will operate separately – and Saab will be positioned as 'an independent performance-oriented niche car company with an industry-leading environmental strategy'.  Up first is the new 9-5 – which will be launched this summer – followed by an Estate version and an Audi Allroad-aping 9-5X. The new Cadillac SRX-based 9-4X SUV will arrive in early 2011, and Spyker is plotting the new 9-3 a year later.

Honda eyes $20,000 Insight in U.S.

The Honda Insight hybrid hatchback may have a sticker price under $20,000 in the United States--and Honda might build it here if U.S. sales hit and sustain the lofty target of 100,000 a year. Both goals will be tough.