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India turns the screw on luxury car makers

Land Rover will still be sending CKD to India despite the rise in import duty India’s economy is growing almost exponentially, as a result of which it has a big, rising middle-class with much the same aspirations as the middle-class in the West. Those aspirations include the accumulation of status symbols considered worthy of representing their success and new wealth, none more so than a good set of wheels. So it’s no surprise that the mainstream luxury car makers – Jaguar, Land Rover, Mercedes, Audi and BMW – are ready, willing and able to provide exactly what India’s middles classes are looking for.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

Festival of Speed: onboard with David Coulthard up the Goodwood hill

If you’re able to arrive early enough on Thursday for Goodwood’s Moving Motor Show you might just be able to book yourself a slot to drive up the famous hillclimb course with one of the many manufacturers displaying their cars. Few mere mortals get the opportunity to drive up the hallowed tarmac at Goodwood – it’s more often reserved for F1 aces and motorsport heroes, such as a certain David Coulthard. In this video from Mercedes-Benz, DC takes us on a guided tour up the hillclimb, corner by corner behind the wheel of a suitably glam Merc SLS Black Series.