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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.

MG Zero Concept at Beijing

The MG Zero Concept has been revealed at the Beijing Motor Show It’s good to see a new MG. True, it may not be everyone’s idea of where MG should be, but at least Morris Garages lives to die another day and stays alive as a marque, which is more than you can say for Riley or Hillman or Humber or Triumph or Rover or Austin or Morris or Alvis or… What this may be is the MG2 we snapped being loaded on to a trailer in China a few weeks ago, but there is so little detail from MG in the press release on the MG Zero concept they might just as well not have bothered. If we’re going to get treated to a new MG – concept or not – it would sort of help if we got some detail.

Name game: Analysis predicts vehicle brand based on first name

Here's something to fill your mid-afternoon break. MoneySupermarket.com, a site in the U.K. that compares everything from insurance to travel, analyzed 17 million car insurance searches on its site to come up with a list of cars people are most likely to drive based on their first name.