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Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

Nissan working on next-generation battery that is lighter, less expensive

A year before it launches U.S. sales of its first electric family car, Nissan Motor Co. is developing a next-generation battery that will be lighter and less expensive.

Winners announced in Chinese Auto Design Awards 2011

Winners in the fourth Chinese Auto Design Awards have finally been announced. Held at the China Agriculture Film and Television Center in Beijing, the glamourous ceremony saw awards given to two groups; students and automotive manufacturers. Amongst the automotive groups, it was GAC Trumpchi that was awarded the ‘Best Design Innovation Award', whilst Buick's picked up the ‘Golden Dot Award' for its ‘Envision' concept car.