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New BMW 3-series to be revealed on Oct. 14
Tue, 11 Oct 2011If you're a fan of BMWs, mark your calendar for Friday, Oct. 14. That's when the German automaker will take the wraps off the redesigned 3-series.
Video: Classic Car TV looks at Pebble Beach and the Triumph Spitfire
Tue, 30 Aug 2011If you haven't yet seen an episode of Classic Car TV, this new production from the car nuts at Hagerty Insurance provides a weekly rundown of news, events and fun stuff in the world of old rides. The show is still in its infancy, but as this second episode proves, it's starting to find a rhythm. Here, Matt Richmond and the gang take a closer look at some of the auction results and concours cars from Pebble Beach.
Saab gets latest lifeline via $5 million infusion from Chinese company
Tue, 13 Dec 2011Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.