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Saab pulls out of Frankfurt motor show

It's become a cliché in the automotive press to proceed Saab with the word 'troubled' recently. Yet the company's latest announcement does little to dispel the notion that all is not well in Trollhatten, as it has announced that it will not be featuring at September's Frankfurt auto show. The Swedish car manufacturer has had trouble paying suppliers in recent months, and it is thought that Saab will instead use the money allotted to Frankfurt in order to pay them.

First Sight: Volkswagen Iroc concept

The Iroc is a show car preview of a production coupe to be launched next year that will fill a gap in the Volkswagen model line up left by the demise of the Corrado 11 years ago. Volkswagen describe the Iroc as "transferring the globally successful Scirocco idea into the future" - the Scirocco Mk1 by Giugiaro being produced from 1974-1982, the Mk2 from 1982-1992. Like the Scirocco, the Iroc is a front wheel drive coupe with four seats - as opposed to the 2+2 seating arrangement of the only other sports coupe from Volkswagen Group: the Audi TT.

BMW Guggenheim Lab

With many surveys suggesting the world's automobile buyers are growing younger and more urban, saavy automobile companies are rushing to show their concern with cities, the future - and the future of cities. In New York City recently, black Audi A8s recently ferried 'influencers' to the Lower East Side area around the New Museum to attend an Audi supported Urban Future Initiative part of the area's Festival of Ideas. The Volkswagen Group and the Museum of Modern Art promise a major announcement of future cooperation, on May 23, and BMW recently announced that it is supporting the Guggenheim Museum in a six-year, nine-city endeavor called the BMW Guggenheim Lab.