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2010 Audi A8 to launch in Miami

The Audi Pavilion at Design Miami USA where Audi will reveal the 2010 A8 The long, drawn-out saga of the next generation Audi A8 is finally being resolved with the announcement that Audi are going to launch the A8 on the eve of the Design Miami USA event – 30th November. Which does seem a bit of an odd place for a mainstream, high-end car maker to launch its new flagship. Are Audi saying that the new A8 is all about design, rather than performance or luxury or, quite frankly, anything else?

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.

McLaren confirms first Scottish dealership

MCLAREN Automotive has announced its first Scottish dealership with plans for a brand new, dedicated showroom not far from the M74 in between Glasgow and Edinburgh. Construction on the Bothwell Road, Hamilton site is expected to be finished by the end of the year, with sales and servicing beginning next year. The dealership will be able to supply and service any of McLaren's past, present or future cars.