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‘Old Pang’ spends another €15 million at Saab

Pang Qing Hua - Pang Da boss - thinks Saab are 'Great, great, great'! The ‘Old Pang’ bit isn’t our derogatory name for the head of China’s Pang Da – who are busy getting in to bed with Saab – but is how the Beijing Times referred to Pang Da boss Pang Qing Hua on his return from Saab;  ’Old Pang Returns from Sweden’, they said. We have no idea how old Pang Qing Hua is, but he’s old enough to have amassed a few bob from owning a huge car distribution network in China, and is flush with cash from a recent floating.

Lamborghini Gallardo LP 550-2 Spyder at L.A.

Lamborghini Gallardo LP 550-2 Spyder arrives at LA Auto Show We’ve been expecting a drop-top version of the rear-wheel drive Gallardo – which first saw the light of day as a Balboni Limited Edition – for a while. And what better place to debut the Lamborghini Gallardo LP 550-2 Spyder than in a place where the sun always shines? So Lamborghini arrives at the L.A Motor show with a car that could have been built for California.

Spyker C8 Aileron GT (2011) first pictures

Spyker is readying a new endurance racer, the C8 Aileron GT. and it's unveiled the car on the eve of the 2011 Geneva motor show. It's more good news for the fans of the obscure Dutch brand: last week the company that builds the cars in the UK bought the brand from holding company Spyker Cars N.V, there's a waiting list that stretches into early 2012, and now Spyker is committing to endurance racing for the next few years.  Based on Spyker’s new flagship C8 Aileron, the new GT racer is being designed and developed to meet the GTE regulations set by the ACO, the governing body of the Le Mans 24hrs.