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Saab go back for another Chinese

Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.

Jaguar XK66 is Germany’s farewell to the XK

The Jaguar XK66 (pictured) is Jaguar’s pricey goodbye to the XK in Germany We know that Jaguar is ending production of the XK this summer, and the UK already has its run-out special editions in the guise of the Jaguar XK Signature and XK Dynamic R. And now it’s the turn of Germany to get a goodbye XK. The Jaguar XK66 is a limited run XK – just 66 are being built – with the ’66′ moniker referring to the 66 years since the introduction of the XK’s earliest direct ancestor – the Jaguar XK120.

Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).