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Chrysler Nassau concept

By Tim Pollard Motor Shows 08 January 2007 06:24 Chrysler Nassau Concept: the lowdown You're looking at Chrysler's new sampler for a shooting brake: the Nassau concept newly unveiled in Detroit. Design boss Trevor Creed heralded it as 'a new, more emotional Chrysler.' Although the same size as the mean-'n'-moody 300C saloon, the Nassau is designed to look smaller, with more delicate surface treatments, a subtler new eggcrate grille and a slimmer, more European hatchback rear end. The Nassau portrays more compact dimensions, despite rolling on huge 10-spoke, 22in alloy wheels.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

Land Rover LR4s successfully cross America off-road

Land Rover Expedition America has just wrapped up its month-long trek across the United States, almost all of it off-road. A team of three Land Rover LR4s covered 4,000-plus miles from Asheville, N.C., to the Oregon coast, following an off-road route called the Trans-America Trail charted by motorcycle legend Sam Correro in the 1990s. No other production car is known to have ever completed this journey.