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Saab deal no longer valid says Pangda Chairman. The end of Saab?

Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.

VW Pickup concept (2008): first official photos

By Chris Chilton First Official Pictures 24 September 2008 18:00 He’s designed Alfa Romeos, Audis and even a Lamborghini but now Walter de'Silva has gone all humanitarian and designed a pick-up.  VW’s first small flatbed since the Mk1 Golf-based Caddy will take on trucks like the Toyota Hilux and Mitusbishi L200 when it goes on sale late in 2009. It is, but not for long. This thinly veiled concept, called simply Pickup Concept, has been designed as a search and rescue vehicle for coastguards but essentially this is what badge-conscious UK builders will be driving in 2009. The new Volkswagen corporate face with its monobrow top grille and wide mouth is likely to be carried over mostly unchanged to the cars that will roll off the South African production line, as will the surprisingly stylish interior which features hooded instruments and Audi TT-style air vents. Mechanical details are sketchy but Volkswagen claims that engines will be common-rail diesels which rules out the old-tech 2.5 five pot that powers many of VW’s current commercials.

New 2014 Porsche Macan revealed in LA

Porsche has revealed its new compact SUV at the LA Motor Show - the first time, claims the German brand, that a sports car has ever been offered in the compact SUV segment. The firm really is going all-out to emphasise the sporting aspects of the Macan: it sets new benchmarks for the segment on road, says Porsche. "It is the sports car in it segment." Deliveries of the new Macan begin in April 2014 - but it is actually on sale now.