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Saab’s Chinese Takeaway goes cold

Saab loses Hawtai investment There’s nothing worse than a cold Chinese; all congealed and unappetising. A reality Victor Muller woke up to today when the news broke that the much-trumpeted investment by China’s Hawtai in Saab had turned sour. But it wasn’t exactly unexpected.

Bugatti Veyron ‘Ettore Bugatti’ Legend edition (2014) first pictures

By Tim Pollard First Official Pictures 07 August 2014 16:19 Not many special editions make it onto the pages of CAR magazine, but when it’s Bugatti calling the shots at next week’s Pebble Beach celebrations it’s time to sit up and pay attention. This is the sixth and final special edition of the Bugatti Veyron 16.4, bowing out in a style not that dissimilar to an ageing Ford Mondeo repmobile. Apart from the €2.35 million price tag (£1.86 plus taxes!), 1184bhp power output and 0-62mph time of 2.6 seconds, that is… All six of the Bugatti Legends series are based on the open-top Bugatti Veyron 16.4 Grand Sport Vitesse.

Renault, Caterham form joint venture to build sports cars

Two lightweight two-seat sports cars, likely to be on sale in 2015 or 2016, will be the first output of a joint venture between French automaker Renault and U.K. sports car maker Caterham that was announced Monday. Renault will put its Alpine factory in Dieppe and its 300-person workforce into the 50:50 joint venture.