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Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

Tesla guarantee future value of Model S in finance deal

Tesla guarantee future value of Model S (pictured) in finance deal If you run a company car – and you’re comfortably off – there’s a lot to commend the Tesla Model S. But if you’re a comfortably off private buyer who doesn’t quite get the tax breaks on a car a company car driver does, Tesla still want to make you an offer you can’t refuse. Teaming up with Alphera Financial Services (which just happens to be owned by BMW), Tesla are offering an appealing deal on the Model S, and guaranteeing its future value too.

Gordon Murray designs electric sports car – Teewave AR.1

Toray Industries Teewave AR.1 by GMD If you jumped straight from the headline to here, you may be flushed with excitement at the prospect that Gordon Murray – the man responsible for the McLaren F1 – has penned an electric roadster – the Toray Teewave AR.1. Admittedly the name doesn’t roll of the tongue quite like ‘McLaren F1′, but we can forgive the uninspiring name as the Teewave AR.1 is bound to be impressive. Isn’t it?