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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

2015 Ford Mustang spotted testing

Well, we've seen some images of the new Mustang out testing. We can say definitively that it's got four wheels and a longish hood. We decided not to buy the photos because with all the black cladding, it may as well be an R34 Skyline with aftermarket headlights.

McLaren MP4-12C Spider (2012) first teaser photo

McLaren today issued this first teaser photograph of the second model in its fledgling road-car line-up: the new McLaren MP4-12C Spider. No prizes for spotting it's a convertible version of the existing MP4-12C coupe. Expect it in showrooms later in 2012, priced to compete with the £198,936 Ferrari 458 Spider.