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The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Audi reveals new 70mpg+ models

Audi’s new Ultra range may look like the firm’s standard line-up of saloons, coupes and estates, but don’t be fooled. The German firm has performed some key tweaks to make its new 2014 A4, A5 and A6 Ultra models even more efficient. The new core range of ‘Ultra’ frugal Audis follows on from the firm’s high-efficiency debut model, the A3 1.6 TDI Ultra, which went on sale in autumn last year.

Scottish Car of the Year 2011: Big night for Jaguar Land Rover

Scottish Car of the Year 2011 Last night saw the awards dinner for the Scottish car of the Year at the Thistle in Glasgow, with Land Rover taking top honours and Jaguar walking away with three gongs (well, two gongs and the motoring equivalent of a ‘Lifetime Achievement’ trophy). The unstoppable Range Rover Evoque took the big prize, being voted the Scottish Car of the Year. Of course, it also won SUV of the year (it would have been a bit odd if it didn’t) and at this rate – and the great feedback from customers and media – Land Rover look like they’ll be mopping up a lot of gongs this next year.