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Ferrari F620 GT leaks out

Ferrari F620 GT leaks ahead of debut The first photo of the replacement for the Ferrari 599 – the Ferrari F620 GT – has leaked out ahead of next week’s reveal. The Ferrari F620 GT has been teased over the last week or so, and Ferrari are planning to reveal the successor to the 599 next week. But now we have the first photo of the new F620 GT thanks to the guys over at GTSpirit.

Volvo tests flywheel technology to cut fuel use

Volvo is testing flywheel technology--being used in Formula One racing to give cars an extra boost--as a technology that could help cut fuel use in future cars by as much as 20 percent. Flywheels recapture energy normally lost as heat during braking. That energy can then be used to help propel the car.

Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.