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Saab China Deal: Chinese Government support ‘In Principal’

Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.

Honda Passport recalled for suspension fix

Honda will recall 35,984 copies of the Passport SUV from the 1998 to 2002 model years in the United States for a suspension piece damaged by road-salt corrosion. The lower suspension link could become corroded in areas where road salt is used extensively. Honda says the lower link bracket could detach from the frame, which would affect handling and increase the risk of a crash.

E85 makes inroads on cost and availability

Three years ago, we embarked on a Midwest road trip in search of what was then the Holy Grail of fuel: E85. Our findings weren't too positive--there were far more E85-compatible vehicles on the road in 2006 (5 million) than there were E85 pumps to fuel them (about 700 out of some 200,000 fuel stations nationwide). In addition, those burning the mix of 15 percent gasoline and 85 percent ethanol were paying a pretty penny for their earth-friendly ways, losing about 15 percent in fuel economy while often paying the same price as for regular unleaded.