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Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

2014 Honda Civic Natural Gas, Hybrid on sale this month

Buyers looking to up their mpg will have two more options beginning this month. The 2014 Honda Civic Hybrid goes on sale Wednesday, returning 45 mpg combined, while the 31-mpg 2014 Civic Natural Gas sedan will start selling in 37 states on Feb. 15.

Volkswagen wants Karmann

VW wants to buy Karmann Just like all the other specialist coachbuilders out there – Zagato, Pininfarina, etc – life has not been a bed of roses for a long time for Karmann. Once a great way for wealthy owners to ‘Customise’ their cars, the specialist coachbuilders have relied more and more on relationships with big car makers to survive. None more so than Karmann, whose hopes for survival rested on VW divvying up an order for electric cars.