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Spyker would rebuild Saab around core products, put 9-1 plans on hold

Spyker Cars NV will rebuild Saab around the 9-3, 9-5 and 9-4X models if it buys the Swedish brand from General Motors Co., Spyker CEO Victor Muller says. Plans for a Saab 9-1 entry-level car would be put on hold. Muller said Saab would maintain its headquarters, engineering and production in Trollhattan, Sweden, under Spyker's ownership.

£5000 electric car grants to cut a quarter off EV price

British motorists will qualify for grants lopping a quarter off the price of electric, plug-in hybrid and hydrogen cars – up to a maximum of £5000 discount – the Government confirmed this week. The Office for Low Emissions Vehicles, which launched six months ago, said the new grants would come into force from January 2011 as part of a £230 million low-carbon car incentive programme. Car buyers will qualify for the Plug-In Car Grant from an approved list of low-carbon cars.

Scrappage helps UK car sales in October

Scrappage Scheme sales accounted for 20% of sales in October Despite our reservations about the Scrappage Scheme, it does seem that it has inspired buyers in to showrooms in the last few months. And October has recorded a year on year increase of 31.6%, although total car sales are still down over 12% on 2008 figures. October saw a big rise in new cars sales to private buyers with sales rocketing by 86%, and there were rises in the fleet and business market.