Alfa Romeo Sprint 6 Cylinder Emblem Insign on 2040-parts.com

Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.

Cool Cars and Hot August Nights

Hot August Nights is a weeklong party, and the cars are the stars. Not just any cars--vintage, cool cars, mostly from the 1950s and '60s. American-made muscle cars such as Ford Mustangs, Shelby Cobras, Chevrolet Camaros and Pontiac GTOs dominate the festival in Reno, Nev., but there are also plenty of Cadillacs, Oldsmobiles, AMCs and even some Jaguars, Volkswagens and Mini Coopers seen cruising the streets of northern Nevada.

CAR 20 Most Wanted of 2014: BMW i8

By the CAR editorial team First Official Pictures 12 December 2013 15:00 There's no more exciting way to start our top 20 most wanted countdown than with a BMW supercar. This is no petrol-powered M1 successor three decades late, but a sexy hybrid capable of a 4.5sec 0-62mph sprint, or a fairy-tale 114mpg. The i8 started life as a finger-in-the-air 2009 concept; in 2014, the mid-engined 2+2-seater goes on sale with its layout intact, the only big change being the loss of transparent bodysections.