2012 Scion Xb Hubcap on 2040-parts.com

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

2013 Toyota Auris leaks

The next generation Toyota Auris (Toyota Corolla) is due to debut this year as a 2013 model, and we get the first leaked photo. We know that a replacement for the Toyota Auris is on the horizon and we’re expecting it to make a public debut (at least in Europe) at the Paris Motor Show in September before going on sale by the end of 2012. But now, thanks to a Japanese Magazine scan, we have a pretty good idea what Toyota’s new Auris/Corolla is going to look like, and it seems to be the current Auris with a dose of Lexus thrown in for good measure.

VW E-Bugster concept unveiled at 2012 Detroit show

Volkswagen has designs on expanding its Beetle family - and the new 2012 VW E-Bugster gives us a few clues to what's in store. As the name suggests, the E-Bugster is an electric Beetle, showcasing Wolfsburg's new e-powertrain coming to the Golf and other family members sooner than you might think. The Golf Blue-e-motion goes on sale in 2013.