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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.

TomTom unveils latest navigation system

TomTom’s Go 2505 M Live navigation system debuted on Wednesday at the 2011 International Consumer Electronics Show in Las Vegas. The new system will be the first to offer TomTom’s HD traffic service, which provides drivers with accurate information for all major roads in real time and which updates every two minutes. The new system also includes voice recognition and Bluetooth hands-free calling.

VW Tiguan Match replaces Tiguan SE

The VW Tiguan Match - replaces the Tiguan SE Volkswagen’s compact crossover/suv/cuv – the VW Tiguan – has been with us a while now, so as is the way with all product – from soap to supercars – it’s time to tweak the offerings and repackage so the buyer thinks they’re getting more/better/something new for their hard earned cash. It’s called Marketing. So we now get the Volkswagen Tiguan Match replacing the previous Tiguan SE trim.