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New McLaren F1 on the way

It has been revealed that McLaren is planning a new version of the McLaren F1 (above). When Ron Dennis announced he was giving up running the McLaren F1 team, he said it was exactly the opposite of retirement. In fact, he said he’d be busier than ever.

Vauxhall / Opel Mocha (Corsa SUV) Geneva 2012 debut

The Vauxhall Opel Mocha SUV - Geneva Debut (render by Auto Bild) Vauxhall Opel are developing a sub-compact SUV based on the Corsa and called Mokka / Mocha which will debut at the 2012 Detroit Show. Downsizing is all the rage as every day it gets more expensive to buy and run a car. But despite buyers looking for smaller and more economical cars, they want those cars to be smaller versions of what they’re used to, not cheap and cheerful runabouts.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.