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U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

Lamborghini Huracan: first pictures revealed

There’s no disguising it. Lamborghini’s all-new Huracan is a very angry car. It looks angry, its stance is angry, every line is like a slash from Surgeons Gone Wild and it’s even named after a bull so angry that it couldn’t be killed.

Peugeot 4007 (2007): first official pictures

By Tim Pollard First Official Pictures 09 February 2007 02:18 Peugeot 4007: haven't we seen this before? You're right. Peugeot issued a couple of teaser images of its new SUV back in October, but it has remained resolutely tight-lipped about more details until now.