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McLaren 12C Spider sells out in 2 hours at Neiman Marcus

The Christmas car for 2012 from US retailer Neimann Marcus – the new McLaren 12C Spider – sold out in just two hours. And it didn’t take long for the 12C Spider to sell out when it went on sale this week, with all 12 cars snapped up in just two hours – all $4.25 million dollars worth. Neiman Marcus were offering their 12C Spiders at a premium of $85k over McLaren’s US list price for the 12C Spider of $269k, but they were throwing in flights to the UK to have dinner with McLaren’s Ron Dennis and a set of custom luggage.

Audi's new model rush revealed

By Georg Kacher Motor Industry 24 November 2006 10:21 Audi has nothing to fear from the appointment of Martin Winterkorn as VW group boss. After all, Winterkorn clinched the job on the strength of his performance at Ingolstadt. And if Audi continues the stunning growth he led, it's on track to become leader of the luxury pack by 2020.

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.