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NEVS completes Saab purchase

National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.

Local Motors Announces Alaska Motors Competition Winners

Startup American independent car company Local Motors has announced the winner of its Alaska Motors competition, which called for entrants to design a concept vehicle for the Wrangell Mountain Extreme, a made-up race that takes place in the grueling Alaskan frontier.   Challenged to design a conceptual vehicle for the most difficult environmental conditions, designers competed for Wacom prizes and the finalists were then chosen by the community, as they have been for the last 17 competitions. Coming in first place was recent Strate College graduate Anthony Colard for his 'B-Polar' concept, a vehicle that features a unique moving chassis with a rotating axis around its fuel tank allowing it to easily maneuver through rough terrain.

Ferrari 599XX Evolution (2011) unveiled

While the rest of the world's media was at the Tokyo motor show, Ferrari stuck local with a surprise - modest - announcement at the 2011 Bologna motor show in Italy. It unveiled an evolution of the Ferrari 599XX, the track-based R&D and race toy for its well heeled customers. What's new on the Ferrari 599XX for 2012?