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Koenigsegg supercars

By Tim Pollard 29 July 2008 09:00 What happens when the Swedes take on the might of the supercar fraternity? Answer: the Koenigsegg. Christian von Koenigsegg's operation is way more than Ferrari meets Ikea – his products exude a devilish attention to detail and some hair-raising stats (see below).

Saab's latest factory shutdowns 'just a blip'

Saab’s liquidity crisis is a short-term ‘blip’, according to sources close to the company. Production at its Trolhattan plant in Sweden has been halted several times in the past fortnight, by suppliers refusing to deliver parts because of unpaid invoices. However, the company is confident that the impasse will be resolved soon.

Jaguar Land Rover drops plans to close one of three England plants

Jaguar Land Rover said Friday it no longer plans to close one of its three auto plants in England after reaching an agreement with trade unions. The automaker, which Ford Motor Co. sold to India's Tata Motors in 2008, said it would be significantly increasing the number of models in its range and creating thousands of jobs over the next decade.