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Zagato & CPP in Joint Venture. Really, they are.

Bentley Zagato - the catalyst for the CPP Zagato deal A couple of weeks ago we reported that CPP – owners of Spyker and Bowler – has quitely gobbled up Milanese Car Design Studio Zagato at some point in 2010. Which made sense. It made sense because it is CPP that builds many of the Zagato cars you can think of.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

New Qoros at Geneva 2014 – looks like a Crossover/SUV

New Qoros at Geneva 2014 – looks like a Crossover/SUV Chinese car maker Qoros – hoping to make inroads in to the European market with its Qoros 3 saloon – is heading for the Geneva Motor Show in March with a new model, teased today in a pair of photos. Qoros’s first production model – the Qoros 3 – arrived in production guise at Geneva this year as a convincing – if generic -looking – four-door saloon, which we did think an odd route to go to break in to Europe. But the next Qoros – previewed here in a couple of teaser photos – looks to be a production version of the Qoros Cross Hybrid Concept Qoros showed at Geneva and a much better route to grabbing a slice of Europe’s car sales.