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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.

It’s Snowing – so everyone loves a 4×4

Snow leaves the M25 struggling If you drive a 4×4 / SUV you get used to the negative comments. Some 4x4s engender more hate than others, but the real ire of the Eco-Mentalists is reserved for the products from Land Rover. Why?

Car Design News website maintenance

Every now and then we have to do a little back room maintenance on the good ship Car Design News and today is one of those days. So if you plan on visiting us later today from around 12am (GMT) and can't access what you're looking for, don't panic, the downtime should only take an hour as our servers are receiving an upgrade. Sorry for any inconvenience this may cause.