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Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

McLaren 12C Spider teased

McLaren has started to tease the 12C Spider – the convertible 12C – ahead of full details in the next few days. We’ve know that a convertible version of the McLaren MP4-12C – the 12C Spider – has been on the way for some time, but now it’s almost here. We thought McLaren would just come out and introduce the 12C Spider, but they can’t resist teasing, although we wonder if  McLaren might be trying to take some of the gloss off the UK debut of the Ferrari 458 Spider at Goodwood this weekend by revealing the 12C Spider before the end of the Goodwood weekend?.

Seat unveils a hybrid: Leon Twin Drive Ecomotive

By Gareth Evans First Official Pictures 23 January 2009 09:00 Seat showed its prototype Leon Twin Drive Ecomotive today at its technical centre near Barcelona. The finished petrol-electric hybrid is expected in showrooms by 2014. The new hybrid Leon uses Twin Drive with power generated by an electric motor for shorter, urban trips while, for longer drives, the car seamlessly switches to an internal combustion engine.