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Nicolas Cage flogs Saab-based Senova from Beijing Auto [w/video]

BAIC has officially pulled the covers off of its new Senova D Series sedan for China. The four-door is based on the old Saab 9-5 and boasts a turbocharged 2.0-liter four-cylinder engine. Local buyers can get their hands on the machine for around $22,745 at current conversion rates. Other engine options include a turbocharged 1.8-liter four cylinder as well as turbocharged 2.3-liter four-cylinder, and a wide range of safety equipment comes standard on every trim except the very base model. Those goodies include a tire pressure monitoring system, active head restraints, blind spot detection, driver fatigue detection and parking sensors.
The Senova nameplate serves every model based on former Saab architectures, including the Epsilon, GM2900 and GM2400 platforms as well as engine and transmission tech. In order to promote its new products, BAIC has hired Hollywood staple Nicolas Cage to serve as the company's brand ambassador. Cage stars in the Senova-heavy Town of Car Legends action-packed video short (directed by Olivier Megaton of Transporter 3 and Taken 2 fame) which you can view by scrolling below.

Koenigsegg plans a ‘CO2 neutral’ hybrid supercar

Fresh from receiving a 150 million-euro infusion from National Electric Vehicle Sweden, the Chinese-backed company that bought up Saab's assets out of bankruptcy, supercar maker Koenigsegg has signaled just what it plans to do under the new joint venture. Christian von Koenigsegg gave an interview to Top Gear in which he said he wants to develop an all-new supercar to sit below ultra-exclusive models like the Agera RS and Regera, priced at around ˆ1 million (about $1.15 million) to grow sales from 20 a year into the hundreds, because "our brand has outgrown our production volumes by quite a big margin." And it will feature a novel, "completely CO2 neutral" hybrid powrtrain using the "freevalve" camless combustion engine technology the company has been developing in concert with battery-electric power. "Given the freevalve technology, we can actually cold-start the car on pure alcohol, down to -30 degrees Celsius, so there's no need for any fossil fuel mix then," he told Top Gear. "The idea is to prove to the world that even a combustion engine can be completely CO2 neutral." Von Koenigsegg previously hinted at the setup after talking about how his engineers were responding to Tesla's claims that its forthcoming next-generation Roadster would be capable of a 1.9-second 0-60 mph time. He further hints that the new hybridized supercar will look unmistakably like a Keonigsegg but be in a different segment altogether from either the Agera RS or plug-in hybrid Regera. Consider us very much intrigued and eager to hear more. Meanwhile, Koenigsegg has said it plans to reveal the successor to the Agera RS next month at the Geneva Motor Show based on a refined version of the same supercharged V8 combustion engine. The new joint venture with NEVS, meanwhile, sees that company take a 65 percent ownership stake, with Koenigsegg holding the rest and contributing its trove of intellectual property, technology licenses and product design. NEVS also gets a 20 percent stake in Koenigsegg itself. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: Top GearImage Credit: Drew Phillips Green Automakers Koenigsegg Saab Alternative Fuels Emissions Ethanol Hybrid Performance Supercars supercar NEVS koenigsegg agera rs koenigsegg regera

Victor Muller to pay Sweden back taxes for Saab work

Victor Muller, Saab's CEO from 2010 to 2011, has been ordered by the Swedish court to pay the back taxes he owes the country for his work at Saab, Autoweek and Volkskrant report. When he was the automaker's CEO he received a salary of about 8 million Swedish Krona ($1.25 million), which was recorded as a reward for consultancy work for a company in the US that Muller owns. The move allowed him to evade taxes for awhile, but the court has ordered him to pay taxes on his full salary.
Muller, who is also CEO of Spyker, and two other Saab executives were accused of accounting fraud in May, which took place in 2010 and 2011. According to reports, Muller maintains that he is not subject to taxes in Sweden.