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Corvette ZR1 price bombshell

By Greg Fountain Motor Industry 25 September 2008 14:37 General Motors has pitched the Corvette into the price stratosphere by announcing that the 206mph ZR1 will retail at an eye-watering £109,000 in the UK. It may be the fastest car ever built by GM, but the new 'Vette now enters big-time supercar territory, where it will need to have the quality to match its ballistic performance. The outrageous price tag is the biggest shock since we found out how genuinely brilliant the ZR1 is to drive.

Audi A1 Quattro models ‘on the way’

Audi has confirmed it is testing four-wheel drive Quattro versions of the A1 – indicating an imminent expansion of Audi’s supermini range. Although showcased as this one-off at a Quattro publicity event in Montreal, Canada, to celebrate 30 years of the all-corner drive system, Ingolstadt acknowledged at last autumn’s 2010 Paris motor show that Quattro versions of the A1 were in the pipeline. The production A1 Quattro will use the Haldex differential to split drive to both axles; it’s a similar technology to that found in A3 and TT Quattros, as opposed to the mechanical Torsen diff found in larger Quattro models.

‘Old Pang’ spends another €15 million at Saab

Pang Qing Hua - Pang Da boss - thinks Saab are 'Great, great, great'! The ‘Old Pang’ bit isn’t our derogatory name for the head of China’s Pang Da – who are busy getting in to bed with Saab – but is how the Beijing Times referred to Pang Da boss Pang Qing Hua on his return from Saab;  ’Old Pang Returns from Sweden’, they said. We have no idea how old Pang Qing Hua is, but he’s old enough to have amassed a few bob from owning a huge car distribution network in China, and is flush with cash from a recent floating.