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Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

Renault turn central London in to a full-size Scalextric for the Zoe EV (video)

The Renault Zoe Scalextric cars turn on to the Embankment Even those who have never driven an electric car probably have if we count childhood exploits with Scalextric; hand-grip controllers clenched in hand seeing how fast you can go before your car tips off in a bend. So Renault decided it would be a good idea to create a full-size Scalextric track in central London, modify a pair of Renault Zoe EVs to slot in to the newly fabricated track and blat the cars round the 1.9 mile track in London controlled by competition winners from a helicopter hovering overhead. The race sees the two Zoes go head-to-head on the Scalextric track, starting out on the South Bank by the London Eye, over Westminster Bridge, past the Houses of Parliament, down the Embankment, up The Strand, over Waterloo Bridge, round the IMAX and finishing alongside the Thames at the finish line.

There's a 2015 Ford Mustang convertible on the way, too

Almost immediately after the Ford Mustang debuted, buyers could choose from three body styles -- a hardtop, a rag-top convertible and a fastback (which actually came out a few months later than the hardtop and convertible). We already knew that the 2015 Mustang will arrive as a fastback (sorry, notchback partisans), but Ford has just announced that a drop-top version is also in the works. Pictures of the convertible sport a shiny "5.0" badge on the side and and chrome "GT" badge on the back, but we assume all the standard engines -- the 5.0-liter V8, 3.7-liter V6 and that new 2.3-liter EcoBoost turbo-four -- will be offered.