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Chrysler rolls out 'No Payments for 90 Days' incentives

As worries grow of a second-half sales slowdown, Chrysler Group announced new incentives this week for 2011 and 2012 models. Under the “No Payments for 90 Days” promotion, buyers of 2011 or 2012 Chrysler, Jeep, Dodge or Ram Truck vehicles who finance their purchases through Ally Financial won't have to make payments for three months. The promotion runs through Sept.

Nissan LEAF hits 3000 sales in the UK

Nissan LEAF hits 3000 sales in the UK What can probably be considered the first properly convincing electric car – the Nissan LEAF – has clocked up 3,000 sales in the UK since it was launched in 2011. In terms of overall car sale in those two years it’s an insignificant fraction, but in terms of making the electric car a viable form of transport it’s a big milestone. The second generation LEAF – launched earlier in 2013 – moved Nissan’s EV game on a bit with a raft of improvements, and has sold 1300 in the UK in just the last six months,.

Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.