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Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.

Ford Fiesta saloon (2008): first photos

By Digby Fullam First Official Pictures 19 November 2008 10:21 Ford is keeping true to its word in making the Fiesta a truly global car, taking the wraps off the new Fiesta saloon in China this week. Ford has earmarked China as a key market for the Fiesta saloon – given China’s penchant for three-box bodystyles.  In fact, Ford is so serious about making the Fiesta a success in China that it will be built at a brand new factory in Nanjing. Essentially yes.

Ferrari 458 Speciale revealed ahead of Frankfurt Motor Show debut

The Ferrari 458 Speciale (pictured) has been revealed ahead of a Frankfurt debut It’s always been a given that Ferrari would make a 458 in the mould of the 430 Scuderia – a more focused and more powerful version of the stock model – and here it is. The Ferrari 458 Speciale. Revealed ahead of a public debut at the Frankfurt Motor Show next month, the 458 Speciale gets modifications to its aerodynamics and its powertrain and previews the direction of future Ferraris in the process.