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Mercedes' mystery building revealed!

Last year, Mercedes-Benz USA was working out a lease on a huge 1.1-million square-foot former aircraft factory across the street from the Long Beach Airport that used to build DC-10s, MD-80s and Boeing 717s. Mercedes wouldn't say what it planned to do with the massive space. Was Benz building airplanes?

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

50 Jaguar E-Types in convoy through London

The E-Type Convoy through London - in the rain This isn’t the first story we’ve run this year with ’50′ and Jaguar E-Type in the headline, and it’s a safe bet won’t be the last either. Unless you’ve been in Motoring purdah for the whole of 2011, you’ll know that this year is the 50th anniversary of the debut of the Jaguar E-Type at the Geneva Motor Show in 1961, and Jaguar are making the most of the anniversary at every step. But this time it’s not Jaguar who are making the most of the E-Type’s birthday, it’s the organisers of the 2011 Motorexpo in Canary Wharf, who’ve teamed up with the Jaguar’s Driving Club to drive fifty E-Types across London and out to Canary Wharf to kick of this year’s show.