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Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

Jaguar F-Type to get manual gearbox

Jaguar’s Adrian Hallmark has revealed that Jaguar’s new manual gearbox will be heading in to the new F-Type. They’ve gone because the slush boxes of old have been replaced by new, double clutch boxes that actually give better performance and better economy than a driver with a left foot in action. But still, the yearning for the control and feel of a manual ‘box remains at the core of the driving experience.

Porsche Cajun – the ‘Baby’ Porsche Cayenne

Porsche Cajun - the baby Porsche Cayenne It seems like the car world has been predicting a ‘baby’ Porsche Cayenne ever since the original stepped on to the world stage in 2003. The baby Cayenne has long been dubbed ‘Roxster’, but it appears it will in fact be the Porsche Cajun. VW boss Martin Winterkorn – who by default is now Porsche’s boss – has been giving Der Spiegel the benefit of his thoughts on all things car, and in particular all things VW.