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Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Honda plans gasoline engine for the CR-Z

Honda is set to provide the CR-Z with an all-new four-cylinder gasoline-engine option as part of plans to broaden the compact coupe's appeal in key world markets, including North America. Currently available with just one engine option—a gasoline-electric hybrid system that mates a 1.5-liter four-cylinder engine with a brushless electric motor—the CR-Z is also earmarked to receive a turbocharged 1.6-liter four-cylinder engine currently undergoing development in Japan. The new unit, which is also planned for the Jazz, the Civic and the Accord, forms an integral part of an engine downsizing program instigated at Honda.

Female pilots 'less trusted'

MALE PREJUDICE against women drivers appears to extend into plane cockpits as well, according to a survey. And in another blow for equality, the poll showed women were even more wary of female pilots than men. Overall, 51% of people admitted they were less likely to trust a woman pilot than a male one, the survey by travel agent sunshine.co.uk revealed.