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Bankruptcy looms for cash-starved Saab
Tue, 11 Oct 2011The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.
Lamborghini Aventador LP720-4 50 Anniversario heading for Shanghai
Thu, 18 Apr 2013So, even though the Veneno was the Lamborghini 50th Anniversary car at this year’s Geneva Motor Show, it looks like Lamborghini is having a second ’50th Anniversary’ special up their sleeves – the Lamborghini Aventador LP720-4 50 Anniversario. According to Carscoops, the Lamborghini Aventador LP720-4 50 Anniversario will debut this weekend at the Shanghai Motor Show as a limited run of just 100 cars to add an extra celebratory veneer to Lambo’s 50th year as a supercar maker. The LP720-4 50 Anniversario comes in an eye-catching bright yellow - Giallo Maggio – with a black aerodynamic package to contrast that includes a new front apron, diffuser and skirts.
Seat Leon Cupra 280 breaks Nürburgring lap record (2014)
Wed, 05 Mar 2014By Ollie Kew Motor Industry 05 March 2014 11:00 You’re looking at the fastest front-wheel drive car ever to lap the Nürburgring Nordschleife: the Seat Leon Cupra 280. A paddleshift DSG-equipped three-door example has lapped the 12-mile lap in 7min 58.44sec – smashing the previous record of 8min 7.97sec, held by the Renaultsport Megane Trophy. It's a slap in Honda's face too: the Japanese maker wanted its new Civic Type-R to be the first sub-8min hatch.