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NHTSA probing coolant leak in Porsche 911?

In another embarrassing failure to understand what they're supposed to be regulating, the NHTSA has announced that they are investigating a “coolant leak” in Porsche 911s that were built with the GT1 engine block between 2001 and 2007. Maybe when they said coolant, they were talking about the oil that circulates in a 911 to keep the engine cool? Next thing you know, they'll be checking out fuel pumps on the Tesla Model S!

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Chevrolet Colorado pickup concept revealed

Chevrolet's next-generation midsize pickup is a bit larger, with just a hint of the departed Avalanche, based on a concept truck revealed on Monday ahead of its debut at the Bangkok motor show. The new Chevy Colorado goes on sale in Thailand later this year, so the concept is right-hand drive. But the development program is for a global vehicle, so we're likely to see many elements from the Thailand truck show up on the U.S.