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Saab is sold again: two Chinese makers buy Saab

Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.

Could the McLaren P13 get a Honda engine?

The McLaren P13 is due to arrive in 2015 and we’re expecting it to get a de-tuned version of the 3.8 litre V8 already found in the 12C (pictured above) and P1, and be priced to take on the almost empty sector (in terms of price) the Porsche 911 Turbo occupies - somewhere around £125k. It’s a sensible plan to fill a potentially lucrative sector of the supercar market with a mid-engined, rear wheel drive ‘baby’ supercar with performance of around 3.8 seconds to 60mph and stunning handling. It should give the 911 Turbo a run for its money.

Mitsubishi Lancer Sportback: New five-door model is priced

The five-door Mitsubishi Lancer Sportback rolls into showrooms with a base price of just less than $20,000. Stepping up to the high-performance Ralliart version pushes the price to near $28,000. Mitsubishi announced prices for the new Lancers on Thursday.