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Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Toyota Auris Hybrid emissions cut to 84g/km

We’ve long believed that car makers better serve their customers by offering ‘Green’ options as add-ons to regular car models, and adding the hybrid option from the Prius to the Auris has seen Auris sales climb steeply whilst Prius sales drop off. There’s only so many buyers who want to shout their green halo from the rooftops, so incorporating green technologies in the regular range opens up far more possibilities for a sale. Now, with the Auris Hybrid sales growing by 69 per cent year on year in the UK, Toyota has had a play to make the Auris Hybrid even more efficient.

BMW DesignworksUSA Intermarine 55 Yacht

Following on from their alliance with Siemens on the Metro Inspiro train, BMW DesignworksUSA have collaborated with Intermarine, Brazil's leading luxury yacht brand. Having previously designed sea-going vessels for Bavaria Yachts, a manufacturer of entry-level yachts, the Intermarine 55 is a move into the upper segment of the yacht market for the consultancy. "Intermarine is a famous connoisseur brand with a rich history, and to evolve its design forward with the Intermarine 55 is an honor," said Laurenz Schaffer, President of BMW Group DesignworksUSA.