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Saab bidding closed, buyer announced soon

We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.

McLaren Automotive officially launches as the MP4-12C speeds toward production

McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.

Range Rover Evoque: Are Land Rover plans for a ‘Grand Evoque’ taking shape?

Range Rover Grand Evoque planned - a stretched Evoque Land Rover are considering plans for a stretched Range Rover Evoque – the Grand Evoque or Evoque XL – to fit between the Evoque and RRS. Although it seemed to take forever to turn the Land Rover LRX in to the Range Rover Evoque, the Evoque has certainly had a real impact on the car market since it finally arrived this year. Plaudits and prizes galore, and an order book that seems to be growing every day.