The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Jaguar F-Type 3.0 litre V6 Supercharged engine trailered (video)

The Jaguar F-Type is to get a new 3.0 litre V6 Supercharged engine and Jaguar are trailing it in a new video ahead of launch. We finally learnt in April that the C-X16 Concept would come to life as the Jaguar F-Type and just a few days later that the F-Type would be getting a new V6 supercharged 3.0 litre engine (amongst others). But with the launch of the Jaguar F-Type Roadster still almost a year away (spring 2013), Jaguar are keeping up the marketing impetus with a trailer video of the new supercharged lump destined for the E-Type’s spiritual successor.

F1 Korean Grand Prix: Red Bull CGI Video

Red Bull treat us to a CGI of the new F1 track in South Korea The F1 Circus gets bigger and bigger every year as Bernie Ecclestone continues his aim to host a Grand Prix in every country that can scrape together a few hundred million to add to the bank of Ecclestone. And one of the newest to succumb to the charms of Bernie and F1 is South Korea. There have been doubts that South Korea would get their act together and have their shiny new F1 facility ready to roll for 24th October (next Sunday), but it looks like the track has been signed off for next week’s race.