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Report: Chrysler Sebring to be renamed Nassau

The Chrysler Sebring will reportedly get a new name later this year: Nassau. The midsize sedan is due for a freshening, including an updated interior, along with its Dodge sibling, the Avenger. The Detroit Free Press, citing anonymous sources, says the new name will be Nassau.

Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

1953 Chevrolet Corvette historical video footage

As the 2014 Chevrolet Corvette gets closer to the hands of future owners, the popular model is also turning 60 years old, on June 30 to be specific. With about 1.5 million Corvettes being produced since 1953, the American sports car is still going strong. Enjoy this video from our friends at Bader TV, featuring historic video footage of the original 1953 model, along with some Corvette history factoids from Chevrolet.