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Saab shutdown would doom new 9-5, 9-3 models

The new Saab 9-5 sedan and a proposed replacement for the 9-3 will be killed off if General Motors Co. winds down its Swedish subsidiary, AutoWeek has learned. The new 9-5, a longer-wheelbase version of the Opel Insignia and the Buick Regal, is poised to go down in the annals of automotive history as a major rarity--a design that was fully tooled for production yet never got built.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.

Jaguar XE is the new small Jaguar: Geneva Motor Show (video)

First photo of the Jaguar XE Jaguar has revealed this morning that its new smaller Saloon will be the Jaguar XE, and that its new range of engines will be the Ingenium. Beyond that, we don’t get a lot more than we already know. Heading for an arrival in 2015, the Jaguar XE (we always doubted the commonly accepted Jaguar XS moniker) will be the first car in its segment to have an aluminium monocoque and, say Jaguar, is set to be the most advanced and efficient sports saloon in its sector and will be the first production Jaguar using the new aluminium architecture used for the Jaguar C-X17 SUV Concept.