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Victorious Mercedes debuts at Amelia Island
Mon, 17 Feb 2014The Amelia Island Concours d'Elegance brings out some of the rarest and most beautiful cars on the planet. We'll be keeping our eye on one particular gem at this year's show: a 1914 French Grand Prix-winning Mercedes. The rugged racer will be the centerpiece of Mercedes-Benz's display along with the car's owner, George Wingard.
Scion reveals rear-wheel-drive FR-S concept
Wed, 20 Apr 2011The collaboration between Toyota and Subaru to develop a rear-wheel-drive sports car hasn't been a secret. It's been common knowledge that the car would feature a boxer four-cylinder engine, but there were questions about what badge the Toyota version of the car would wear when it hit the U.S. market.
Saab seeks court protection from creditors
Wed, 07 Sep 2011Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.