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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.

Vauxhall / Opel Mocha (Corsa SUV) Geneva 2012 debut

The Vauxhall Opel Mocha SUV - Geneva Debut (render by Auto Bild) Vauxhall Opel are developing a sub-compact SUV based on the Corsa and called Mokka / Mocha which will debut at the 2012 Detroit Show. Downsizing is all the rage as every day it gets more expensive to buy and run a car. But despite buyers looking for smaller and more economical cars, they want those cars to be smaller versions of what they’re used to, not cheap and cheerful runabouts.

Electric Rolls Royce Phantom: 102EX at Salon Privé 2011

Salon Prive 2011 - Rolls Royce old and new The Geneva Motor Show 2011 saw Rolls Royce take the wraps off the biggest electric car, with the biggest bank of batteries, we’ve seen so far – the Rolls Royce Phantom EV. But it’s only a concept. In theory, electric power for the Rolls Royce Flagship could be a very sane option.