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Saab: On the edge of oblivion

Saab go in to meltdown We’ve had a statement in from Saab this morning telling us that they are now unable to pay their staff until they manage to get a bit of funding in. Didn’t they just get a pile of Euros in from Panga Da for a boat full of Saabs? According to two previous statements from Saab they received €30 million Euros at the end of May for 1,300 Saabs ordered by Pang Da, and another €15 million for a further 650 cars a week later.

The 73 year old Supercar killer

Just one of the Ferrari's wrecked by a Florida businessman. Here at Cars UK we tend not to report on exotic cars involved in crashes. True to say it’s a bit of an interweb phenomenon and generates a lot of traffic.

Volkswagen preps the Golf EV for 2013 launch

Volkswagen AG has begun delivery of a second test fleet of Golf blue-e-motion EVs to customers in Germany, the automaker said in a statement. Of the 80 cars being tested in the fleet, 53 will be delivered in Berlin, with the rest going to Hannover and Wolfsburg. The vehicles will be distributed to businesses, public bodies and private motorists, although the majority of cars in Berlin will be tested by corporate customers, as VW views this group as the largest market for EVs in the future.