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Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

McLaren P1 GTR: first official info on the 986bhp track-only P1

By Michael Karkafiris First Official Pictures 13 June 2014 14:40 Here’s the official confirmation of McLaren’s track-only version of the already insane P1. The McLaren P1 GTR will pack 986bhp (or a nice, round 1000ps in metric), 83 ponies more than its street-legal sibling, a wider track, full slick racing tyres and bigger downforce levels  than the regular P1 – if you can call a car like the P1 ‘regular’. Rumours talk about a fixed rear wing instead of the deployable one on the standard car.

Lamborghini LP 700-4 Aventador production passes 1,000

On July 19, Lamborghini built the 1,000th Aventador. It was delivered to buyer Hans Scheidecker, a German architect and multicar owner. His other Lamborghini is a Diablo.