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.

2012 Mercedes SL63 AMG – now it’s the video

Mercedes SL63 AMG Video The official public debut of the 2012 Mercedes SL63 AMG is at Geneva next week and Mercedes has divvied up a video to pique interest. It’s easy to think of the Mercedes SL as an old man’s convertible; a soft and soggy soft-top for those who are more interested in the pose than the drive. But that’s not really been true for a long time, and certainly not in the SL AMG models, which have offered real performance and decent dynamics since arriving as the SL55 AMG a decade ago.

Toyota GT86 TRD Griffon makes its debut at Goodwood (video)

The Toyota GT86 TRD Griffon 9Pictured) made its debut at Goodwood this weekend We’re still waiting for Toyota to make a more powerful version of the GT86 (and Subaru the BRZ), but we are starting to get more focused versions. We’ve already seen the GT86 TRD – developed by Toyota Racing development – as a road car limited edition, and last month we learnt that Toyota were going to debut a track version – the GT86 TRD Griffon – and that it would arrive at Goodwood. Now the Griffon has arrived looking immensely purposeful with its wings and diffuser and carbon fibre for the roof, doors, bonnet and boot and some severe fettling of the oily stuff with upgraded brakes, new alloys, mechanical limited slip diff and stiffer suspension.