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Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Webinars: Autodesk – What is new in Alias v2013?

The first of a four Webinar series was entitled ‘What is new in Alias v2013?' and showcased the capabilities of the company's latest software edition. Tech specialist EMEA Nils Kremser of Autodesk presented the 30-minute Webinar before a 15 minutes question and answer session. The first subject in the Webinar was ‘User Interface, User Adoption' before Nils explained ‘Import & Export .edf (Icem Surf)'.

Tesla Model S EV the best-selling car in Norway

Tesla Model S EV (pictured) is the best-selling car in Norway We’ve already seen that the Tesla Model S electric car is out-performing many luxury cars in the US, and with reviews of the Tesla S finding very little not to like it seems strong Tesla S sales are a trend that will continue. But it’s one thing taking on low-selling, high-end cars, and quite another becoming the best-selling car bar none in a given market, but that’s exactly what Tesla has achieved in Norway in the first few weeks of September. Admittedly, Norway’s car market isn’t huge, but the Tesla Model S managed to move in to buyers hands in Norway in the first two weeks of September at a quicker rate than even the regular VW Golf, selling 322 compared to the Golf’s 256.