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First new Saab rolls off the production line

A NEW SAAB car has rolled off the Swedish production line for the first time in two and a half years. National Electric Vehicle Sweden, the Hong Kong-based company that bought Saab out of bankruptcy in September last year, presented its new 9-3 Aero at the factory in Trollhattan. The company, also called NEVS, aims to make electric cars under the Saab brand, but said it will also provide petrol cars until "electric cars fully meet customer demands." The first 200 cars will be delivered in spring costing 279,000 kronor (£26,000) each.

Ford Focus is the best selling car…in the world

It’s a big feather in Ford’s cap and vindication of their ‘One Ford’ global product strategy, which has finally seen Ford realise that the world wants the cars it makes and designs in Europe. Focus sales rose in the US by 40 per cent in 2012 (a market Ford would have declared completely unsuitable for a relatively compact European hatch a decade ago) and China accounted for a massive one in four of all Focus sold, a rise of 51 per cent, making the Focus the best-selling passenger car in China. Not only did the Focus take the best selling car (actually, best selling nameplate), the Ford Fiesta did well to, coming in sixth on Polk’s list with a not insignificant 723,130 registrations around the world.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.