1969 Mustang Console on 2040-parts.com

Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.

Ferrari shows next Enzo's HY-KERS V12 at Beijing

Ferrari stole a surprise march at the 2012 Beijing auto show when it announced a few details about its forthcoming Enzo successor. The powertrain you see here is essentially the hybrid supercar architecture which'll underpin the new hypercar being readied for launch later in 2012. Ferrari chief Amadeo Felisa told CAR the electric powertrain would lop 10% off the 0-124mph time - and its V12 is related to that in the F12, but with more power and 40% lower CO2 emissions.

Mercedes at 2013 Goodwood Festival of Speed – includes SLS AMG Black Series debut

The Mercedes SLS AMG Black Series (pictured) debuts at 2013 Goodwood FoS In case you hadn’t noticed, it’s the Goodwood Festival of Speed this weekend and car makers are out in force with their fastest supercars and classics. Mercedes always offer a decent show at Goodwood and this year is no different, with the UK dynamic debut for the Mercedes SLS AMG Black Series, which will be strutting its stuff all weekend up the hillclimb. At the other end of the performance range, the Mercedes A45 AMG is also in action showing the crowds just what 360bhp in a compact hatch can do with its runs up the hillclimb.