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Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.

Aspid tease all new sports car

Aspid tease Aspid (which were IFR Aspid) – Spanish sports car maker – is teasing a new sports car to be revealed in the next few weeks. Aspid is a Spanish maker of sports cars responsible for the rather retro – at least in styling – SuperSport model. We caught up with the Aspid SuperSport at Salon Prive a couple of years ago, and we were impressed by a Caterham-style car offering very high levels of fit and finish and a remarkable 0-62mph in under 3 seconds.

Lexus LFA says goodbye on video

The Lexus LFA says goodbye in a tribute video The very last Lexus LFA was produced in December 2012, and the last LFA destined for Europe in March 2013, so now, with the LFA consigned to the annuls of Toyota’s car history, Lexus has decided they should pay tribute to their very special supercar. It took a decade to get the LFA from initial concept to production, and much changed in that time. But the end result was worth the wait, even if the price tag – north of £300k – made the LFA a car only for the properly wealthy petrolheads.