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Saab sale to NEVS delayed

The sale of what’s left of Saab to National Electric Vehicle Sweden (NEVS) has been delayed over funding and rights to the Saab name. We all thought, finally, that the end of the Saab saga had come when National Electric Vehicle Sweden was successful in gaining approval from the Saab administrators to acquire what was left of Saab after GM and Spyker failed to agree the sale of Saab as a going concern. The sad fact is that NEVS aren’t planning to carry on the proud tradition of Saab, with its innovative and quirky cars so loved by design professionals, but plan to put the Saab badge on a range of new electric cars.

Porsche makes £14k on every car it sells, Bentley makes £12.7k

Porsche made £14k on every car sold in 2013 If you need an illustration of how much more profitable high-end sports and luxury cars are than mainstream cars, VW Groups sales figures demonstrate it perfectly. At the extreme ends of the profit per car spectrum, Porsche made an enviable £13,931 for every car it sold in 2013 and VW made just £615 (although SEAT actually lost £330 on every car it sold) . In fact, although you might expect the higher-priced Bentley range to make more per car than a Porsche, Bentley only managed a creditable second place on VW Group’s profit per car table, turning in £12,700 profit for every car it turned out (11,000 of them in 2013).

2012 Kia cee’d – first photo

2012 Kia cee'd Ahead of a debut at the 2012 Geneva Motor Show in March, we have the first official photo of the 2012 Kia cee’d, which goes on sale in June. This may be the week of the Detroit Auto Show, but it’s not stopping car makers giving us a taste of what’s in store at Geneva in the Spring. Earlier today we had the Vauxhall Mokka previewed ahead of its Geneva debut and now we get the first official photo of the new 2012 Kia cee’d.