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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.

Porsche 911 GT3 RSR (2008): first official pictures

By Tim Pollard First Official Pictures 13 February 2008 11:42 Porsche today unveils a new, more powerful version of its 911 racer. The GT3 RSR competes in GT2 long-distance races, including Le Mans, Spa and the 24-hour Nurburgring event and will benefit from new aero aids and engineering tweaks. Additional front ‘flicks’ spoilers are added to the front apron and extra air ducts pepper the steel bodywork, while the huge rear wing is carried over from last year’s racer.

Chrysler sues retailer for using 'Imported From Detroit' slogan

Chrysler Group LLC wants a federal judge to halt sales of its "Imported From Detroit" T-shirts or other merchandise in a trademark infringement lawsuit filed against Detroit retailer Pure Detroit and its co-owners in U.S. District Court. This week the automaker filed suit against Moda Group LLC, which operates Pure Detroit's three stores selling Detroit-branded merchandise.