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Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

2015 Mercedes-Benz GLA crossover revealed ahead of Frankfurt motor show

Mercedes-Benz will show its new-for-2015 GLA -- its first-ever shot at the compact SUV class -- at the 2013 Frankfurt motor show in September. The GLA will arrive in U.S. showrooms in fall 2014.

New Touareg shows its face

By Nathan Millward Motor Industry 20 September 2006 02:29 Here are the first official photos of Volkswagen's facelifted Touareg, already uncovered during hot weather testing by CAR Online. A chrome effect grille surround and Eos-inspired headlights bring the luxury 4x4 in line with VW's latest models, while at the rear, revised lights, bumper and exhaust pipes spruce up the Touareg. New safety gadgets are introduced.