Honda Stepwgn 2004 Hood [0110500] on 2040-parts.com

Saab deal no longer valid says Pangda Chairman.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have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”.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.

BMW M4 Convertible revealed. Price from £60,730

The BMW M4 Convertible (pictured) revealed We reported last month that the new BMW M4 Convertible would debut at this year’s New York Auto Show, and here it is ahead of that debut complete with trick folding metal roof, 425bhp and a price tag that just nicks over the £60k line. A direct replacement for the old M3 Convertible, the M4 Convertible will cost you just over £4k more than the M4 Coupe, but for the extra money you get the same car but with infinite headroom – and a big weight penalty. The new 3-piece metal folding roof can be tucked away in a mere 20 seconds at the flick of a switch, with better noise insulation than the M3 Convertible had and more room in the boot when the roof is down too.

Shelby 1000 Photoshop job sparks controversy on the Internet

As just about everyone else did, we ran the now-infamous Shelby 1000 wheel-lift photo on Tuesday. Shelby American's public-relations operatives have confirmed that the photo was digitally altered, and it has been removed from our site. We apologize for letting our enthusiasm for mind-blowing automotive feats of strength get the better of us.