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Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

Peugeot 207 CC GT THP 156 Review & Road Test (2010) Part 2

Part 2 of our review of the Peugeot 207 CC The top’s down on the first drive, and close to home are some of my favourite twisty roads; roads I know well and for which I have a myriad of different benchmarks for test cars’ performance lodged in what passes for a brain. Sadly, my expectations and preconceptions were pretty much evidenced in the first corner, as the 207 CC turned in quite well but accompanied by some less than pleasant flexing which I expected to get worse as I pushed on. But it didn’t.

Chrome, Horsepower and Hemis: Cadillac Escalade tops most ripped-off list

Just when it seems as if all we are hearing about are Chevrolet Volts and Nissan Leafs (Leaves?), turns out thieves still love their performance cars and monstrous SUVs and trucks. The Cadillac Escalade remains the most stolen car in the United States, according to the Highway Loss Data Institute. The 'Sclade was followed by the Ford F250 pickup, the Infiniti G37, the Hemi Dodge Charger (not the V6 though!) and the Chevrolet Corvette Z06.