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NEVS completes Saab purchase

National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.

Mercedes Vision S500 Plug In Hybrid (2009)

By Ben Pulman First Official Pictures 11 September 2009 09:55 This is Mercedes’ latest Vision concept car, the S500 Plug-in Hybrid, and it will be unveiled at the Frankfurt motor show next week alongside an electric version of the company's new SLS supercar. Based on the current-gen but pre-facelift S-class the S500 Plug-in Hybrid achieves over 88mpg but only emits 74g/km, and the company claims the car demonstrates 'the future of Mercedes' modular set of hybrid systems.' All next-gen S-classes are expected to get stop/start technology as standard, while full hybrid and plug-in hybrids will also be offered. Merc is claiming that its S500 Plug-in Hybrid is the world’s first 'three-litre' limo, offering 88.3mpg (or 3.2l/100km), figures that shame the Lexus LS600h (30.4mpg), BMW’s 7 ActiveHybrid (29.1) and even the company’s own S400 Hybrid (35.8).

Fuel prices 'rising again'

THE AUTUMN dip in petrol prices failed to stimulate sales and the cost of filling up is rising again, according to the AA. Drivers in small market and coastal towns are particularly suffering from high prices, with the dearest petrol found in East Anglia and Wales, the AA said. It added that between mid November and mid December, the average UK price of petrol rose from 130.44p a litre to 131.17p, while diesel increased from 137.78p to 138.61p.