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Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.

Jaguar sports hatch is inspired by R-D6 concept

Jaguar plans to add a dramatically styled sports-hatch model to its lineup beginning in 2014. To be priced from about $60,000, the sports hatch on the drawing board was inspired by the R-D6 concept first shown at the 2003 Frankfurt motor show. The R-D6 design, which had been considered an ill fit for the brand's traditional sedan/sports-car image, is now gaining support at the highest levels of the company as it forges an independent future under Indian owner Tata.

Honda unveils 2014 NSX Concept-GT racer

Honda has taken the covers off its NSX Concept-GT racer, a bespoke competition car set to race in the 2014 Japanese ‘Super GT’ series. And boy, does it look good. The unveiling of the new prototype challenger follows an on-track debut for the Honda NSX concept at Mid-Ohio Raceway in America earlier this month – and once again, it’s piqued our interest in the new Japanese hybrid supercar set for launch in 2015.