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Kia at 2009 Frankfurt motor show

By Tom Sharpe First Official Pictures 17 September 2009 14:00 Kia chose the 2009 Frankfurt Motor Show to introduce its new hatchback-cum-SUV, the Venga. But attracting more attention were hybrid versions of two of the South Korean manufacturer’s other models, the just-facelifted Ceed and new Sorento. In two very different ways.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

Chrysler and Nissan cancel vehicle-swapping deal

Chrysler and Nissan are canceling their 2008 deals to build vehicles for each other, the automakers announced Wednesday afternoon. Chrysler was to provide Nissan with a full-sized truck, based on the Dodge Ram, starting in 2011. It would have been a replacement for the Nissan Titan.