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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

New Porsche 911 Club Coupe revealed

New Porsche 911 Club Coupe - just 13 being made Porsche built its first car in 1948 and it took just four years for the very first Porsche Club to arrive - Porsche Club Westfalen. To celebrate 60 years of Porsche Clubs, Porsche is building a very limited edition 911 – the Porsche 911 Club Coupe – which will be revealed at  the opening of a special exhibition at the Porsche Museum in Stuttgart tomorrow – 26th May 2012 – and just thirteen 911 Club Coupes are being built. Although the collaboration between Porsche Clubs and Porsche Exclusive will yield thirteen cars just twelve will be up for grabs and they will be allocated by ballot, with the thirteenth car staying in the Porsche Museum.

Mercedes SLS AMG Black Series (2012) first pictures

We’d be most surprised if you rejected the Mercedes SLS AMG for being too slow and too subtle, but if you crave a few racecar touches for your gullwing supercar then Mercedes will oblige with this: the SLS AMG Black Series. Like the ‘BS’ models that’ve gone before, the SLS Black employs a weight reduction, ramped-up power and better aerodynamics to give more extreme looks and performance. Read on for the full spec of a Mercedes with more power than a McLaren 12C Spider.