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Saab's finance struggle: the latest news

Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed.   Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.

McLaren London: Open for business

McLaren London - open for business Almost exactly a year on from McLaren’s announcement that the UK will have three McLaren dealers – London, Birmingham and Manchester – the first of those dealers, McLaren London, opened for business yesterday. Operated by Jardine Motors (who may be more familiar as Lancaster), Mclaren London is the ground floor face of One Hyde Park, the mega-bucks apartment block you may best know as the building where £1 billion of apartments have been sold – but no one has moved in. Ron Dennis is probably banking on some of the owners of those apartments – including a Ukrainian Oligarch said to have paid £136 million for his apartment – popping downstairs to take a look at what McLaren has on offer – and bringing along a friend or three.

Ford Mustang RTR knocks on the door of the Boss 302

As customers continue to throw handfuls of dollars at Ford to get their hands on the Mustang Boss 302, the popularity of that car might leave some discerning Blue Oval buyers wanting something more unique. Enter Vaughn Gittin Jr., world champion drifter and Mustang fan, with his vision for the perfect 'Stang—the RTR. Designing and building the 2013 Ford Mustang RTR was a combined effort among Gittin Jr., Ford and Classic Design Concepts.