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Audi TT RS Plus (2012) UK pricing announced
Wed, 02 May 2012Audi UK has announced prices and availability of the Audi TT RS Plus, the go-faster variant of the already-very-fast RS version of the Audi TT. Audi TT RS Plus: I killed the last guy who called me a 'hairdresser's car' The Audi TT RS introduced the regular TT to a gobfull of turbocharged 2.5-litre five-cylinder engine, along with an upgraded chassis, to deliver 335bhp to the road through the Haldex clutch branch of the Quattro family tree. With the TT TS Plus, Audi has now seen fit to grant an extra 20bhp, bumping the total to 355bhp.
Saab unable to pay wages as financing crisis deepens
Fri, 24 Jun 2011Saab'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.
Peugeot RCZ Asphalt revealed
Fri, 22 Oct 2010The Limited Edition - just 500 being made - Peugeot RCZ Asphalt Peugeot are doing very well with the Audi TT bashing RCZ. In fact, so our sources tell us, Peugeot dealers can’t get hold of enough RCZs to satisfy demand. And we’re not surprised.