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Spyker warns that Saab's future is 'uncertain' without fresh funds
Fri, 01 Apr 2011Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.
2012 Mercedes-Benz SLS AMG Convertible Previewed
Thu, 05 May 2011The Mercedes-Benz SLS AMG was instantly captivating for its looks and soaring gullwing doors. Now comes the roadster variant, which Mercedes is previewing in these shots illustrating the car during testing. The car will officially bow in September at the Frankfurt motor show.
BMW Concept Coupe
Mon, 15 May 2006BMW unveiled their latest concept in the run up to the contemporary Mille Miglia, a road race for cars that competed during the original event held between 1933 and 1957. The BMW 328 that set the fastest time in 1940, averaging over 100mph, has also provided inspiration for the Coupe Concept, which mixes the older car's silhouette with surfaces closer to the Z4 on which it is based. Powered by BMW's seminal 343PS engine, the car is wrapped with carbon-fibre reinforced plastic (CFRP), whose form is defined by designers using plaster rather than clay "for a closer emotional experience".