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Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

Jay Leno wins car award from Concorso Italiano

He started as an understudy and has become an icon, and with his last taping of the Tonight Show hours away, Jay Leno has secured another car honor. The Concorso Italiano, which plays host to a prestigious car event before the Pebble Beach concours, announced that Leno is being honored with its La Bella Macchina hall of fame award for contributions to the car world.

2015 Aston Martin V12 Vantage S priced at $184,995

Aston Martin, known for making some of the best- looking cars on the road today, has released the pricing for its new 2015 V12 Vantage S sports car, placing it at $184,995. Check here for our story covering the release of the car from earlier this month, but we'll give you a quick refresher below. Propelled by a 6.0-liter V12 making 565 hp and 457 lb-ft, the car can sprint from 0-60 mph in 3.7 seconds and achieve a top speed of 205 mph.