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Bugatti Coachbuild to debut at The Quail

After 73 years, Jean Bugatti's final masterpiece has been completed, and the 1939 Bugatti Type 64 Coupe Chassis (No. 64002) will debut with its recently completed coachbuilt body Aug. 17 at The Quail, A Motorsports Gathering.

Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

BMW Concept X5 eDrive hybrid set for Frankfurt motor show

BMW is on a roll when it comes to electric-car technology, and the German automaker will be showing a new X5, dubbed the BMW Concept X5 eDrive, at the Frankfurt Motor Show in just a few weeks. The concept uses a four-cylinder gasoline engine with BMW TwinPower Turbo technology coupled with a 95-hp electric motor. This hybrid powerplant is coupled with BMW's xDrive all-wheel drive system.