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Range Rover LWB Autobiography Black unveiled at Los Angeles Motor Show 2013

Sometimes, big isn't big enough. And so Land Rover has found with the venerable Range Rover. This luxury car competes with the upper echelons of the premium market, rubbing shoulders with limousines such as the long-wheelbase Mercedes S-Class.

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.

SEAT Leon ST stars at the 2013 Frankfurt Motor Show

Regular readers of MSN Cars will know that we're big fans of the new SEAT Leon.  So we're just a little bit excited about the new SEAT Leon ST that's making its world debut at the 2013 Frankfurt Motor Show. And given how highly we rate the 5-door hatchback, we have every reason to believe that Ford, Vauxhall and even Volkswagen should be worried about the arrival of the Leon estate...