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We sample Honda's car technology of the future

Ahead of the Tokyo Motor Show 2013 we’ve been to Honda’s research and development facility in Tochigi to see and experience some of the Japanese firm’s new and upcoming products and technology. We’ve covered the new Honda Civic Type R in some detail separately, but among the other cars driven here is the next generation Honda Jazz (known as the Fit in Japan), no less than three different types of Honda hybrid system, including one similar to that fitted in the forthcoming NSX supercar, and an all-carbonfibre CR-Z prototype. On top of which, we’ve also experienced a self-driving car, watched a crazy automatic-parking demonstration and sampled the latest version of the all-electric Micro-Commuter, Honda’s equivalent of the Renault Twizy.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.

Saab 9-4X

The production version of the new Saab 9-4X will make its official debut at next month's LA Auto Show, exactly two years after it was first displayed as the 9-4X BioPower concept. It shares its platform with the Cadillac SRX. Very little appears to have changed in the intervening period, with Saab design director, Jason Castriota's appointment coming after the car was signed off under GM's tenure.