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Caterham 620R heading for Goodwood debut

The Caterham 620R (pictured) will debut at the Goodwood FoS Caterham may be planning an assault on the mainstream car market with an SUV and a City Car, but it’s not forgetting its roots, with a new entry-level 7 in the mix and now a new range-topping 7 – the Caterham 620R. The Caterham 620R is heading for Goodwood this week for a debut – and consigning the current R500 to the history bin in the process – as the most powerful road going car Caterham have ever produced. The power comes from the same 2.0 litre Supercharged Ford engine as the R500, but in the 620R the wick has been turned up to 11, with 310bhp on offer, enough to scoot the 500kg 620R to 62mph in just 2.8 seconds.

VIDEO: Sebastien Loeb's run up Pikes Peak

World Rally champ Sebastien Loeb demolished the standing record at the Pikes Peak International Hill Climb on Sunday, with a time of 8 minutes, 13.878 seconds. He broke Hyundai driver Rhys Millen's record by 1 minute, 33 seconds. This morning, the full video of his run up the 12.42-mile hill was uploaded to YouTube.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.