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Saab: Muller seeking €600 million Chinese Bank loan to placate GM

Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.

2010 Lotus Exige S 240 confirms specs and pricing

The latest speed demon from Lotus, the 2010 Exige S 240, will start at $65,690 when it goes on sale in the United States in this fall. The S240 gets a restyled front end with a larger, more angular air intake flanked by two other vents. There also is a new splitter that wraps around the face of the car.

MG6 – A new MG shows at Shanghai

The new MG6 is unveiled at Shanghai - coming to the UK in 2010 SAIC bought the rights to Rover when Rover fell apart after its sale by BMW for £10. But they didn’t secure all the rights to the ‘Rover’ name, so we won’t be seeing new Rovers by name, but instead we are to get a Rover 75 based MG – the first new MG launch since the ZS and ZT in 2001. Yesterday SAIC unveiled the new MG6, a sport hatchback based on the Rowe 550 (which is itself based on a shortened wheelbase Rover 75) and its destined to come to the UK next year.