Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

Subaru Cosworth Impreza STI CS400 (2010) revealed

This is the new Cosworth Impreza STI CS400, a limited edition Subaru tuned and tweaked by one of F1’s most famous names. It costs nearly £50k, and will hit 62mph in 3.7 seconds. Almost – there’s 400PS, so 395bhp in our language; Cosworth removes the 2.5-litre flat-four from the STI and sets about seriously overhauling it.

Frankfurt motor show 2009: A-Z of news, reviews and the CAR live blog

By Tim Pollard, Ben Pulman and Phil McNamara Motor Shows 15 September 2009 01:30 Welcome to CAR Online's coverage of the 2009 Frankfurt motor show, the world's biggest car show. The CAR team is reporting live from the 63rd Frankfurt show on Tuesday 15 September 2009 – and this is your handy guide with previews and reviews, news and blogs, photos and galleries of all the important new launches. Follow the CAR live blog by for 24/7 news and updates by clicking on the jump below.