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Saab parent company to sell Spyker luxury brand to U.S. firm

Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.

VW Polo R-Line Style & more equipment across Polo range

Volkswagen has introduced the VW Polo R-Line Style – price from £11,740 – in the UK and added more equipment across the Polo range for 2013. We though that VW had done the R-Line thing with the launch of the Polo R-Line this time last year, but it seems the bean counters at Volkswagen have worked out there’s room for a Polo R-Line ‘Light’ in the range, so we now get the VW Polo R-Line Style. That’s because VW decided that, unlike most of the VW range where the R-Line is an add-on pack for any model, the Polo R-Line only comes with the 1.2 litre 105PS engine – albeit in 3-door or 5-door guise – so you can’t have a more butch-looking R-Line with ‘lesser’ Polos.

New car looms from McLaren F1-creator

By Phil McNamara Motor Industry 13 June 2007 10:18 Gordon Murray is set to finally realise his dream of creating a highly efficient, radical car for mass production. The mastermind behind the F1 supercar left McLaren Cars a couple of years ago, and has now secured the funding to set up on his own. Gordon Murray Design Limited – a design, prototyping and development company – will be launched on 4 July.