Five questions with Jaguar's 1960s test driver Norman Dewis

Norman Dewis, Jaguar's test driver in the 1960s, played a pivotal role in the E-type launch at Geneva in 1961. Now a sprightly 93-year-old, he recalls that day for AutoWeek. AutoWeek: What was your role in the E-type launch?

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.

Porsche Macan gets four-cylinder powerplant

The new entry level Porsche Macan, shown alongside the new Boxster and Cayman GTS at the Beijing motor show, has become the first Porsche model since the 968 to use four-cylinder power. Parent company Volkswagen's EA888 engine -- as used by a wide range of models from Volkswagen, Audi, Skoda and Seat -- will motivate the new Porsche SUV. The turbocharged 2.0-liter inline four-cylinder direct-injection unit, boasting the same state of tune found on the Golf GTi Performance Package, develops 234 hp and 258 lb-ft of torque between 1,500 and 4,500 rpm.