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Toyota Prius: Battery bottleneck limits Prius Output

Battery bottlenecks are hurting efforts to boost output of the Toyota Prius to meet booming demand, and the problem will likely persist into next year, a Toyota official says. "The new Prius model has been excessively popular, inconveniencing some of our customers, and the factories are working overtime at full capacity," Takahiko Ijichi, Toyota senior managing director, said Tuesday at the company's quarterly earnings announcement. "Unfortunately, the batteries are not catching up with demand.

Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.

New Discovery Sport Teases Seven-Seat Cabin

LAND ROVER has dropped the biggest hint yet as to the role its new Discovery Sport model will play in the firm’s line-up, with a cheeky nod to the car’s seating layout. Making the unusual point of drawing attention to its prototype cars with dramatic camouflage, the latest set of graphics to adorn the premium compact SUV show an illustration of a third row of seats. This nod to family-centric buyers should ensure plenty of pre-launch interest, as seven-seat cars in this sector of the market are the exception rather than the norm.