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Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.

Subaru Impreza

Following on from the Impreza concept that debuted at L.A last year, the all new Subaru Impreza, set to be unveiled at New York looks set to retain most of the concepts attributes. Subaru have officially 'teased' this side profile shot of the car, showing that the concepts pronounced arches, DLO and surfacing seems to have made the transition to production model, relatively unscathed. Subaru have been relatively scarce with information on the new model, other than to say that the new design results in a roomier cabin, with new level of comfort and refinement.

Timeless Chrysler classics debut at Amelia Island

Three decades of Chrysler concept cars from the '40s, '50s and '60s will be on display at the 19th annual Amelia Island Concours d'Elegance on March 9. The Thunderbolt roadster and Newport will be on hand to show off design elements inspired by the land-speed record duals of the 1930s in Bonneville. The Thunderbolt is being presented on behalf of the Driehaus Collection and the Newport will be provide by The National Automotive Museum of Reno, Nev.