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Roewe 550 - the next MG?

By Keith Adams Motor Shows 22 April 2008 12:53 The new Roewe 550 unveiled at Beijing this week is Shanghai Automotive Industry Corporation’s promising new mid-range hatch, but could yet turn into the next MG saloon - and be built in Europe. Although it doesn’t look like a groundbreaking effort, the Roewe 550 is one of the Beijing motor show’s hottest debutants. Designed as SAIC's successor to the Rover 45, the car has been designed and engineered in Britain by ex-MG Rover engineers.

Cadillac ELR – a Chevy Volt in posh clothes – confirmed

The Cadillac Converj is going in to production as the Cadillac ELR When GM revealed the Cadillac Converj Concept at Detroit in 2009 it all looked very promising. But it came to nothing, despite rumours it was going in to production. But now it is going in to production, as the Cadillac ELR.

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.