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Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

MINI compares Classic Mini to Porsche 911

The Classic Mini & Classic Porsche 911 A comparison between the classic Mini and the Porsche 911 may not be the most obvious, but that hasn’t stopped MINI jumping on the 911′s 50th anniversary year with a comparison between the two iconic cars. MINI assert that the similarities between the classic Mini and the 911 are based on their ‘Forever Young’ ethos (which is, in no small part, down to the fact both are still clearly similar to the original design)  and their performance. The Mini arrived before the 911 – Mini in 1959, 911 in 1963 – but both turned the car world on its head with a delightful turn of design, speed and appeal, with the original Mini ending up selling 5.3 million and the, still continuing, 911 starting to close in on a million sales.

Aston Martin Rapide – First official image – again!

As we’ve said before, the Aston Martin Rapide has been so long coming it feels like it’s already here. But it’s not, despite the spy pictures of the Rapide we’ve seen, and now comes the first official picture – apparently. We’ve seen an ‘official’ Aston Martin Rapide image before, but this looks more convincing, even though it is obviously a rendering.