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CAR launches new supercar zone

By Tim Pollard Motoring Issues 31 July 2008 10:26 CAR Online today launches its new supercar zone – a celebration of all things supercar related. We name the greatest and most significant supercars over the past four decades to coincide with the 36-page Supercars 2008 supplement free with the new September 2008 issue of CAR Magazine. Here's a whistle-stop tour of the highlights of our supercars microsite: • We name the landmark supercars• Browse our GBU supercar guide• The forgotten supercars• Vote for your favourites in our polls• Gallardo 560-4 vs Ferrari F430 video• New video library of supercar videos• CAR blogs: how we crashed on the Reventon launch and other supercar tales• Tomorrow's supercars: the scoops• The technical advances – 1966 vs 2008• Test your knowledge in our supercar quizFor all this and more, click here to go to our new supercar zoneClick here for a preview of the Supercars 2008 supplement

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "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," Saab's Dutch owner, Swedish Automobile, said in a statement.

VW will build small run of XL1 plug-in hybrid

Volkswagen will begin production of its XL1 plug-in hybrid in two years. "We want to go into series production with this car starting in 2013," VW chairman Ferdinand Piech told Automotive News Europe on Tuesday at an event in Doha, Qatar, ahead of the 2011 Qatar auto show where VW unveiled an XL1 prototype. (a href="http://www.autoweek.com/article/20130221/GENEVA/130229972">Read the latest update here announcing the XL1 hybrid's Geneva Auto Show debut).