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De Tomaso SLC: De Tomaso back with SUV Concept

De Tomaso SLC SUV Concept We’ve covered some of the trials and tribulations of De Tomaso in the last couple of years, with the assets of the once-successful maker of Italian-style cars with a New World heart languished rusting and unwanted in Italy. But there were no takers; no one willing to breath life back in to a once successful marque. But finally – in November 2009 – a white knight in the form of octegenarian and former Fiat Exec Gian Mario Rossignolo rode in to the fray, and plucked De Tomaso from the oblivion of the history books.

Callaway introduces Camaro Z/28 SC652

The paint on the logo of the Chevy Camaro Z/28 isn’t even dry yet, and American tuner Callaway is already licking its chops in anticipation. The company says it can take that already-badass Z/28 and boost it to 652 hp, hence the name. To get the extra power, Callaway adds an Eaton TVS2300 supercharger to the LS7, a liquid-to-air intercooler, bigger fuel injectors, carbon injector covers, high-flow intake, low restriction exhaust, embroidered floor mats, door sill panels, badging, plaques, a Callaway key fob and a three-year, 36,000-mile warranty.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.