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Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

One lap of the web: Palestine street racing, subjective style and man versus machine

You think you have it tough trying to break into the drifting scene, middle-aged white guy? Try being a woman in Palestine. Vice Magazine followed Noor Dawood and the Speed Sisters as they compete with the male-dominated Middle East street racers.

Range Rover Sport revised for 2012

Range Rover has revised the Range Rover Sport for 2012 – and refinement is the name of the game. It has a new eight-speed auto ‘box and a host of toys including a new 17-speaker audio system and voice command. Land Rover may talk of a focus on reducing emissions, but ironically the supercharged 510bhp 5.0 petrol V8 remains unchanged.