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De Tomaso plans to unveil new Pantera

Following the unveiling of its new Pininfarina-designed Deauville at the Geneva motor show earlier this year, De Tomaso is planning to unveil a new Pantera at September's Frankfurt motor show. The new Pantera, arguably De Tomaso's best-known sports car, will maintain its traditional American Corvette V8 engine, producing over 600 horsepower. De Tomaso is hoping that sales of the Deauville crossover will contribute towards the development of a new 'primal concrete sledge'.

Saab files for Bankruptcy

Saab Bankrupt It looks like Victor Muller’s dream of saving Saab is over with Saab shares suspended and the company filing for bankruptcy. Saab has produced nothing since April and has lurched from crisis to crisis ever since. Victor Muller has pulled every trick he knows – and some he didn’t know he knew – to keep Saab afloat, but it looks like it’s all for nothing.

Second new London taxi of 2014 unveiled

LONDONERS had better prepare themselves for another new generation of taxi, just days after Nissan confirmed its own assault on the Black Cab market. The plug-in hybrid Fraser-Nash Range Extended Electric Metrocab is capable of more than 75mpg and less than 50g/km of CO2, and is expected to cost no more than a current Hackney carriage. The company says the vehicle could save cabbies £30 to £40 per day in running costs and can go longer between fill-ups.