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Nissan debuts Sport Sedan Concept at Detroit auto show

Nissan introduced the Sport Sedan Concept to go along with its IDx twins at the Detroit auto show on Monday. The company says the sleek four-door embodies the next-generation design cues, including the V-Motion front end, floating roof and boomerang headlights. “The Sport Sedan Concept shows a new, highly emotional and energetic design direction that takes Nissan's approach of applying sports-car principles to a sedan to the next level,” said Nissan vice president Shiro Nakamura.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Porsche 911 GT3 RSR (2011) first official pictures

This is the latest Porsche 911 GT3 RSR, the 2011 version of the famed German sports car company’s range-topping GT racer. The 911 GT3 RSR’s 4.0-litre flat-six engine now produces 449bhp (five whole horses more than the 2010 version) thanks to ECU tweaks, a redesigned exhaust system and a modified air intake housing. Maximum engine revs are a stratospheric 9400rpm, of course it’s rear-wheel drive, and the gearbox is a six-speed sequential unit.