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Two Italian car events vie for your amore on Monterey weekend

Last week we heard that Concorso Italiano, everyone's favorite Italian car happening, had been bought and was on its way to a new location on a golf course on the Monterey Peninsula. Now it turns out there are two Italian car events scheduled for the same day--Aug. 14--on the same peninsula.

Land Rover Landie teaser

By Tim Pollard Motor Shows 11 September 2007 11:24 Land Rover Landie: the lowdown Land Rover flashed up this tantalising glimpse of the Landie at the Frankfurt Motor Show today, confirming the long-rumoured lower-priced SUV to slot beneath the Freelander. Cynics might accuse the company of distracting show-goers from the fact that there was nothing especially new on its stand. It seems that Land Rover – currently up for sale alongside sister firm Jag with a sale expected this autumn - is repeating its strategy with the Range Stormer concept.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.