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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Toyota HSD concept

The Yaris HSD, as presented in Geneva, previews Toyota's intentions of bringing Hybrid technology to the B-Segment, as well as Toyota's full hybrid roll out across all models in its range. Retaining the familiar Yaris outwardly appearance (and previewing the next generation Yaris) the HSD is interspersed with ‘Hybrid' cues, to intimate at the hybrid powertrain beneath the body. From the pearl white paint to the light blue hue that illuminates certain aspects, there is an underlying emphasis on the fact that this car is a hybrid.

Holden will sell cars in Australia beyond 2017

When we heard about Holden's plans to shutter its Australian plants after 2017, we didn't know quite what to think. The General Motors subsidiary was cagey when it came to details, claiming that the brand would remain a presence in Australia -- even maintaining its design office there. Oddly, we couldn't get anyone to say, in black-and-white terms, what vehicles would be sold there under the Holden name after its plants close.