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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.

Bentley & Lamborghini SUV on hold?

Reports today say that VW is planning to put the Bentley SUV and Lamborghini Urus SUV on hold as VW fights to cut costs. Despite still strong sales, VW is now forecasting lowered sales going forward than previously expected and looking at ways to keep costs in check until the economy starts moving in the right direction again. And one of those cuts seems to be the launch of luxury SUVs by Bentley and Lamborghini.

Chevrolet Orlando MPV price & models

The Chevrolet Orlando starts at £16,395 Chevrolet introduced their compact MPV – the Chevrolet Orlando – at this year’s Paris Motor Show as a tame version of the original Orlando Concept we saw back in 2008. It’s sort of what you expect from a Concept – the drama goes when production dawns – but the production Orlando is a bit visually underwhelming. But despite the less than eye-catching exterior the Orlando has done well to pack seven seats in to the underpinnings of the Cruze/Volt, with the rear rows of seats able to move and fold to give decent flexibility.