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Vauxhall Meriva concept (2008): first official pictures

By Ben Pulman First Official Pictures 28 February 2008 11:45 This is Vauxhall’s new Meriva, and it will be the first mini-MPV with suicide doors. The car in our pictures is the concept, set to be unveiled at next week’s Geneva Motor Show. It gives us huge hints towards the final look of the production car, which will be shown at the Paris show in autumn 2008.

Arash AF-10 (2008) supercar: exclusive photos

By Ben Pulman First Official Pictures 31 October 2008 14:02 These are the latest pictures of the Arash AF-10 supercar. Our exclusive images are Arash Farboud's own visual renderings created from the actual data fed to the machines that cut the body panels for the AF-10. And guess what?

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.