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Saab 9-3 ePower electric car at 2010 Paris show

Saab will showcase its electric car ambitions at the 2010 Paris motor show with the new 9-3 ePower. Look out for this badge on future Saabs – it’s the next step from the existing E85 biofueled BioPower models. The 9-3 ePower is a technical testbed vehicle rather than anything you can go and buy, but the Swedes aim to have an electric car to market in the next few years.

Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Budget 2011: Fuel duty CUT & tuppence for potholes

Motorists Budget 2011 No once expected huge give-aways in George Osborne’s second budget – especially as we now have cruise missiles to pay for in Libya – but the hope was that the Chancellor would at least address the inexcorable rise in the cost of fuel. Which he has – sort of. Fuel was due to increase by around 5p a litre next week if he’d left Labour’s fuel duty escalator in place.