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Subaru BRZ Concept STI teases production BRZ at L.A.

Subaru BRZ Concept STI at the Los Angeles Auto Show The Subaru BRZ (and for that matter its sibling, the Toyota FT-86) has been floating around in one form or another as a concept for years. And at Los Angeles we get treated to yet another ‘Concept’ version – the Subaru BRZ Concept STI. Which does seem a bit odd; after all, the production version of the BRZ is scheduled to arrive later this month at the Tokyo Motor Show, and we know from the teaser shots Subaru sent us of the production BRZ that there are changes from this Concept.

BMW 335iS (2011) prices +video

The BMW 335iS Convertible - starts at $59K Normally we would have made the headline ‘BMW 355iS US prices’, but as BMW has decided that the new 335iS is going to be a North America car only we guess that anyone looking for a price will know it’s going to be a dollar price. As we reported last week, BMW are releasing the 335iS to bridge a gap they perceive exists between the 335i and the M3. Which seems more like the sort of think Audi would do rather than BMW, but perhaps they’ve learnt a trick or two from their four-ringed neighbours about filling every possible niche?

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.