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Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.

Ford FPV Cobra GT (2007): first official pictures

By Damion Smy First Official Pictures 15 October 2007 11:58 A new Cobra? Not quite. Ford Performance Vehicles (FPV) is Ford’s Aussie performance arm, the equivalent of HSV, and the Cobra GT is a special edition saloon and ute.

Audi R8 V8 Limited Edition launched to celebrate Le Mans win

Audi R8 V8 Limited Edition Audi has had an incredible run at Le Mans, and is celebrating in style by launching the Audi R8 V8 Limited Edition in to the UK market. Despite the R8 Limited Edition being built to mark Audi’s Le Mans triumphs, the R8 doesn’t get a diesel engine or more power. What it does get is a bit of a cosmetic makeover and a list of goodies dropped in.