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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’

Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.

Honda Jazz (2008): first official pictures

By Tom Richards First Official Pictures 05 August 2008 12:29 Here are the first pictures of the all-new Honda Jazz, the follow-up to the super-clever supermini that’s been on sale since 2002. You’ll have to wait until autumn 2008 for Honda’s UK dealers to launch the Jazz, but CAR has already pored all over the new supermini to bring you a full preview of the latest mini. So what’s the new Jazz like?Our first impressions are that it’s an easy-to-use model – with first-rate ergonomics.

Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.