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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Ferrari California: more power in 2012 update

Ferrari is updating the California coupe-convertible for 2012, CAR has learned. According to dealer updates provided to prospective owners, the new 2012 California will be more powerful, lighter and with a smattering of new tech to give it a second wind. The new Ferrari California will start production in January 2012, with first UK deliveries due in time for the new '12' plate in the UK next March.

Peugeot 3008 SR & 3008 ENVY Special Edition launched

The Peugeot 3008 ENVY Special Edition Car makers have become obsessed with crossovers. So obsessed that even makers of perfectly good SUVs have started to call their offerings crossovers (case in point – Mitsubishi Outlander). Crossover is the socialy acceptable face of the pseudo-SUV.