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Porsche Design to launch two bikes

Porsche will be joining its fellow car manufacturers when they release two bikes in September. The Porsche Design ‘RS' and ‘S' bikes are designed with speed in mind and will be the latest additions to their Driver's Selection range. The ‘Rennsport', or ‘RS' bike, is a sports bike featuring a monocoque-constructed carbon frame for stability and damping, 20-speed Shimano XTR gear and 29-inch Crank Brothers wheels.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

Ferrari 612 Shooting Brake NOT the new 612

Ferrari 612 Shooting Brake Spy shot Last week we ran a story about the replacement for Ferrari’s four-seat supercar, the Ferrari 612 Scaglietti. The basic premise was that Ferrari would be bringing the replacement for the 612 Scaglietti to the Geneva Motor Show in March, and that it would feature a new, 650bhp V12 engine, and 4×4 platform and be a Shooting Brake. All of which was a cobbling together from bits of information we’ve received when we started to dig around for information after Ferrari chairman Luca di Montezemolo recently said there will be a “very different Ferrari” at Geneva.