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TVR set for 2015 comeback

TVR's new owner, Les Edgar, has dated 2015 as the company's comeback, as they plan to have a two-car range costing 50,000-80,000 pounds ($76,155-$121,848). Having produced cars such as the Griffith, the Grantura, the Cerbera, the Chimaera, the Tuscan and the Sagaris, TVR hopes to continue and evolve this spirit after a production hiatus in 2006 due to ownership change. "It is a well-thought-out business plan, and at the root is the requirement to make money,” stated Edgar in an interview with Autocar.

GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.

Goodwood Festival of Speed 2012 in photos and on video

Lots of photos of the action at the Goodwood Festival of Speed 2012 and video of almost every supercar on show. This weekend has seen the Goodwood Festival of Speed weave its petrolhead goodness for the assembled throngs on the south coast, so we thought, especially for those that didn’t make it to car heaven, we should give you a taste of what you missed. So we have a big gallery of photos (and we’ll add more as they come in) of everything from classic cars to supercars.