First new Saab rolls off the production line

A NEW SAAB car has rolled off the Swedish production line for the first time in two and a half years. National Electric Vehicle Sweden, the Hong Kong-based company that bought Saab out of bankruptcy in September last year, presented its new 9-3 Aero at the factory in Trollhattan. The company, also called NEVS, aims to make electric cars under the Saab brand, but said it will also provide petrol cars until "electric cars fully meet customer demands." The first 200 cars will be delivered in spring costing 279,000 kronor (£26,000) each.

Lotus supermini 'here in October 2013' - Bahar

Lotus's proposed supermini has been approved and will be built in partnership with parent company Proton and a third car manufacturer, Lotus chief executive Dany Bahar has told CAR. 'Our city car has been confirmed and will be launched in October 2013,' he said. 'We are doing this together with Proton and another OEM [original equipment manufacturer, or car maker].

British driver breaks speed record for steam-powered car

One of the world's oldest speed records has gone up in smoke--or rather, steam. Charles Burnett III drove a steam car to an average speed of 139.843 mph over two runs in California to beat the 103-year-old record of Fred Marriott. Burnett peaked at 136.103 mph on the first run, then he accelerated to 151.085 mph on the second run less than an hour later.