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Saab sale to National Electric Vehicle Sweden confirmed

The sale of a substantial portion of Saab assets to National Electric Vehicle Sweden has been confirmed. It’s taken a very long time, but Saab has finally found a new home in the hands of National Electric Vehicle Sweden, as we reported last week. National Electric Vehicles Sweden has been set up to take over the assets of Saab and is a consortium of Japanese, Swedish and Chinese stakeholders, but it does not get the contentious Saab 9-5 technology that has dogged the sale of Saab so far.

IPL: Infiniti spells performance with new custom line to debut on G coupe

Time will tell whether the IPL brand will carry the gravitas of Mercedes-Benz AMG or BMW M. But for now, it spells 18 hp and a host of sporty cosmetics. Infiniti is launching a range of athletic gear for its luxury cars, called Infiniti Performance Line.

The Mitsubishi Evo is dead

As Mitsubishi shifts its global lineup toward utility vehicles and electrified cars, it will pull the plug on the Lancer Evolution at the end of the nameplate's current generation. “Mitsubishi Motors does not have any plans to design a successor with the current concept, as a high-performance four-wheel drive gasoline-powered sedan,” spokeswoman Namie Koketsu said, describing the car as having “icon” status. “Mitsubishi Motors will explore the possibilities of high-performance models that incorporate electric vehicle technology.” Dropping the Evo was foreshadowed last fall when President Osamu Masuko unveiled a new mid-term business plan that would deprioritize in-house sedans and explore sourcing them through joint projects with the Renault-Nissan Alliance.