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Cummins works on a 28-mpg diesel with V8 power for pickups

Cummins Inc. is developing a four-cylinder diesel engine aimed at giving full-sized, light-duty pickups the power of a small V-8 and overall fuel economy of 28 mpg. The project began in September using the Nissan Titan pickup, which is being used to test the engine, pickuptruck.com reports.

Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

Mini unveils next-generation hardtop

The wraps are off the all-new, third-generation Mini hardtop. Updates include renewed exterior styling, lots of gee-whiz electronics inside, and a new fuel-efficient, three-cylinder turbo engine under the hood as the base engine. “On the inside is where you see the revolutionary aspect,” said Jim McDowell, vice president, Mini of the Americas.