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Aspid tease all new sports car

Aspid tease Aspid (which were IFR Aspid) – Spanish sports car maker – is teasing a new sports car to be revealed in the next few weeks. Aspid is a Spanish maker of sports cars responsible for the rather retro – at least in styling – SuperSport model. We caught up with the Aspid SuperSport at Salon Prive a couple of years ago, and we were impressed by a Caterham-style car offering very high levels of fit and finish and a remarkable 0-62mph in under 3 seconds.

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Sergio Marchionne wants to build Mazda in Fiat & Chrysler plants

Fiat boss Sergio Marchionne wants to build Mazda cars in Fiat and Chrysler plants around the world. When Alfa Romeo and Mazda revealed last week that they would be developing a new small roadster together – well, Alfa Romeo would take the next generation MX-5 and sculpt on a new body to make a new Alfa Spider – we suggested Mazda would be better of getting Fiat to build their cars. It seems Fiat boss Sergio Marchionne thinks the same.