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1955 Ford Thunderbird takes 2012 Ridler Award at Detroit Autorama

Dwayne Peace, his family and his 1955 Ford Thunderbird took hot-rodding's top prize at the Detroit Autorama on Sunday: the 49th Don Ridler Memorial Award. Peace, accompanied by his two sons who helped build the car, received the trophy and a check for $10,000. The Ridler Award is named for Don Ridler, an athlete and Autorama event promoter from 1957 to 1961.

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.

Grand Bentley – the New Bentley Arnage

The New Grand Bentley teaser shot And although the new Bentley won’t be with us on the roads until next year, Bentley has today started the inevitable long, drawn-out tease that precedes all car launches these days. And what is the new car to be called? Well, so far, The New Grand Bentley.