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McLaren MP4-12C GT3 racer (2011): first pictures

McLaren has announced it will be building a GT racing car, based on the McLaren MP4-12C, with Leicestershire-based racing team CRS Racing. The two companies will supply and support a limited number of GT3 racing cars based for European-based privateers in 2012. A development programme will come first in 2011, with a limited number of European GT races.

Porsche Panamera S E-hybrid scores £5k government grant

By Ollie Kew First Official Pictures 27 November 2013 12:30 You’d have thought the last thing a buyer wealthy enough to afford an £89k Porsche Panamera needed was a £5000 discount on their mammoth new supersaloon. But, thanks the Panamera S E-hybrid cracking the eco numbers, that’s exactly what the UK government is offering. The Panamera S E-hybrid has joined a list of just 15 cars eligible for Britian’s ‘ULEV’ (ultra low-emission vehicle) status, approved by OLEV (the Office for low-emission vehicles.) Yes, in real life, it’s ridiculous, but on paper, the S E-hybrid is a wunderkid of low-emission motoring.

Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.