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Subaru BRZ price DOWN by £2,500

Subaru BRZ now down in price in the UK When the car you produce also gets made under another – higher profile – badge than your own, how to you get buyers to sit up and take notice of your offerings? Easy, you make your car better value. That’s exactly what Subaru are doing with the BRZ – the Subaru take on the Toyota GT86 – with a price cut of £2,500 arriving from May 1st, thanks to the weakening Yen, that takes the entry-level BRZ down to £23,995.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.

McLaren P1 almost sold out

The McLaren P1 (pictured) is almost sold out The last time McLaren decided to build a supercar to beat all supercars was with the McLaren F1 but, despite it’s huge ability and now iconic status – and huge value – they had to give up making it after just 64 cars as they couldn’t find buyers. Fortunately – for McLaren are a bit stretched non all fronts at the moment – it seems that history isn’t repeating itself with the new McLaren P1 as reports today suggest the P1 is all but sold out. Autocar are reporting there are just a handful of the 375 P1s left to sell, with the P1 allocation for America, the Middle East and Asia already sold out and just a handful of cars left for Europe and other parts of the world.