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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.

CAR sets new hybrid speed world record in Infiniti M35h

Infiniti M35h Hybrid (2011) long-term test review CAR Magazine has set a new Guinness World Record for an acceleration run in a hybrid car. Associate editor Tim Pollard drove an Infiniti M35h hybrid to record a 13.9sec time over the standing quarter mile - as quick as a Lamborghini Countach would've been in the 1980s. You can read the full four-page report in the new October 2011 issue of CAR Magazine on sale this week, but for now watch the video recording the record run at Santa Pod, the home of European drag racing.

Pebble Beach Concours d’Elegance 2014 preview

The driving directions to the Pebble Beach Concours d’Elegance tell you that this is an event held in a very special place. Whether you’re arriving from San Francisco, Los Angeles, Santa Cruz or Monterey, Pebble Beach is one of the world’s premier automotive events. In the words of the organisers, “only the most beautiful and rare cars are invited to appear on the famed 18th fairway of Pebble Beach Golf Links”, with “connoisseurs of art and style” gathering to admire the masterpieces.