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Saab is sold again: two Chinese makers buy Saab

Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.

Ford's automotive assembly line celebrates 100th anniversary

A mere century ago, on Oct. 7, 1913, Henry Ford rigged up a rope tow to get Model T chassis across the floor of his Highland Park assembly plant -- essentially winching cars across the factory floor and adding a set schedule of parts at certain intervals. The implementation may have been a bit primitive, but Ford was on the cusp something big: applying the concepts of the moving assembly line to the complicated, costly process of automobile production.

2014 Mercedes-Benz S63 AMG revealed

Mercedes-Benz's AMG performance-car division has officially revealed its new 577-hp S63 AMG ahead of the rapid sedan's public Frankfurt motor show debut in September. Several traditional AMG styling mods distinguish the S63 from recently introduced but lesser S-class models (“S-class Stunner,” Autoweek, May 27). They include a deep new front bumper, chromed blade grille, twin-turbo V8 badges on the side and beefed-up sills.