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Saab deal no longer valid says Pangda Chairman. The end of Saab?

Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.

New Mercedes GL (2012/2013) arrives ahead of New York debut

New Mercedes GL (2012/2013) The refreshed Mercedes GL – the big brother to the M Class – has arrived ahead of its debut at the New York Auto Show. The new Mercedes GL wasn’t supposed to surface quite yet, but the Interwebs being what they are the first set of photos of the refreshed GL are already doing the rounds. What we get is a much less stolid GL than the current model with a new nose and a look that says ‘M Class Big Brother’, which as the GL is based on an extended M Class platform should be no surprise.

McLaren F1 LM & F1 GTR to join P1 at 2013 Goodwood Festival of Speed

The McLaren F1 LM Prototype (pictured) will be at the 2013 Goodwood Festival of Speed This year’s Goodwood Festival of Speed is turning in to a proper treat for McLaren fans. As well as the McLaren P1 making its driving debut at Goodwood this year – and taking on the hillclimb, McLaren is taking a trio of legendary F1 cars to the festival too. On show will be the 1995 Le Mans winning F1 GTR, a car which allowed McLaren to become the first racing team ever to win the Formula 1, Indy 500, Can Am and Le Mans Championships.