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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.

Toyota reveals safety research car at CES

One day before the International Consumer Electronics Show opened its doors in Las Vegas, Toyota took the wraps off the highest-tech Lexus LS ever made. The car -- with spinning sensors and probing lasers galore -- is meant to demonstrate safety features that could be coming to production cars someday soon. Called the Advanced Safety Research Vehicle, it sure looked like some of the autonomous self-driving vehicles we saw at the DARPA Challenge, but Toyota stressed that a robot car is not the goal.

Brits would rather drive than walk

ALMOST HALF (47%) of all people in the UK would rather drive than walk for a journey of up to one mile and 48% drive to work instead of trying to use any other form of transport. Despite a one mile journey taking very little more time to walk than drive, only 38% of drivers said they would use their feet in place of the car for such short journeys. Even though short journeys cause the most pollution and damage to cars, half said they would still drive.