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Honda readies FCEV Concept for LA Auto Show

Honda revealed a sketch of its fuel-cell electric vehicle (FCEV) Concept on Nov. 11 ahead of the upcoming LA Auto Show. Honda says the concept points to a potential styling direction for the production version of the high-tech vehicle, which is slated to launch in 2015.

Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

New Boxster and Caymen swell Porsche’s order book

The 2009 Porsche Cayman S - helping to boost Porsche sales [ad#ad-1] We’ve run stories on how well Porsche, and the whole VW/Audi group, is holding up through the current malaise in the car industry. Porsche’s last lot of profit figures were very impressive, but were mainly due to the huge amounts Porsche made on its trading in VW shares. We noted at that time that Porsche reckoned its sales were slow because people were waiting for the new versions of the Boxster and Cayman, and when that happened sales would increase.