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Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Ford S-Max and Galaxy (2010) first official pictures

Ford today whisks the covers off updated versions of the S-Max and Galaxy, fresh for launch in 2010. The MPV duo will be shown publicly for the first time at that most Eurocratic of motor shows, the 2010 Brussels expo.The facelifts may look mild, but Ford's European design boss Martin Smith says there are more than 1700 new parts, including sheet metal changes. He says the changes are designed to 'give them a fresh new look and more premium appeal.' Both MPVs gain fresh bonnets, grilles, facias and LED tail lights.

Dacia Logan MCV (Estate) revealed: Geneva Motor Show

Renault’s budget brand – and driving force – Dacia reveals a new model to add to the Duster and Sandero – the Dacia Logan MCV Estate. Renault’s budget brand has hit at the hearts of cash-strapped motorists with two models, aimed at the mopping up sales in the space vacated by former budget brands like Hyundai and Kia, with the cracking little compact SUV Duster and the far from useless Sandero, and now it has a new car aimed at budget-conscious family motorists – the Dacia Logan MCV Estate. The Logan MCV (maximum capacity vehicle) shares a common platform with other Dacias and comes in at 4490mm long with enough room in the back for 573 litres of junk with the seats up or a fairly capacious 1518 litre with the back seats folded down and a huge 16 different storage areas dotted around.