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Vauxhall launches powerful 1.0 petrol engine

OLD-FASHIONED 1.6-litre petrol engines in Vauxhall cars are about to be replaced by a clever new 1.0-litre alternative. The tiny newcomer has only three cylinders, but thanks to a turbocharger it coughs up more power and torque than many normal 1.6-litre equivalents. It’s set to debut in Vauxhall’s funky Adam supermini, although the new engine will be display-only when it emerges at the Geneva Motor Show next month.

Saab go back for another Chinese

Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.

Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.