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Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Pagani Zonda R – the Ultimate Video

Great video of the Pagani Zonda R below Well, ‘Ultimate Video’ may be slightly overstating the case, but it is a crackingly good video. As we said when we reported that Pagani were taking a Zonda Cinque Roadster to the Geneva Motor Show - and again when we told you about the Zonda Tricolore – we are almost at the end of the Zonda, with the Pagani C9 due to bow on the world stage in September undisguised (although we’ve seen plenty of Pagani C9 spy photos). So the Zonda isn’t really news any more, and the Zonda R even less so.

Audi Crossover Concept heading for 2014 Detroit Auto Show. Is this the Audi Q1?

The new Audi Show Car heading for Detroit 2014 The 2014 Detroit Auto Show is on the way next month, and Audi are heading to Motor City with a concept they haven’t managed to come up with a name for – all they’ve managed is the ‘New Audi Show Car’. So what is it? Audi say the new Concept is a two-door model with high ground clearance and a sporty slant – a Crossover car seemingly designed to be all things to all men.