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Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

Saleen S5S Raptor

By Liz Turner Motor Shows 20 March 2008 21:13 Saleen is best known for its red-hot Mustangs, but at New York it revealed an American supercar concept to rival the Europeans. Its S5S Raptor is around the same size as a Ferrari 430, and should be close to the same price, but boasts 175bhp more. It’s powered by a Saleen-built supercharged 6.0-litre V8, that will run on ethanol (like an increasing number of race cars).

MINI Superleggera Vision concept unveiled

Doesn’t this look pretty special? It’s the MINI Superleggera Vision concept – a modern interpretation of the classic open-top two-seater created by MINI and Italian design house Touring Superleggera. It was unveiled on the shores of Lake Como at the Concorso d’Eleganza Villa d’Este 2014 and is purely a concept car for now, but it could well influence future members of an expanded MINI family.