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Saab says three new models are in the works

Saab says a new financial deal with Chinese companies Pang Da and Zhejiang Youngman Lotus gives it the cash to plan three new models. Saab's plan calls for: -- The 9-1, an entry-level car that has been known as the 9-2 until now. -- The 9-6 and the 9-7, which Saab says will be prestige vehicles.

Hyundai Veloster (2011) first official pictures

Hyundai today finally unveiled its eagerly awaited Veloster coupe at the 2011 North American International Auto Show, aka the Detroit show. It's a coupe-cum-hatchback, along the lines of the VW Scirocco. We first saw the Veloster as a concept car at the 2007 Seoul motor show.

McLaren P1 gets 903bhp

McLaren has revealed that their new supercar – the McLaren P1 – will deliver 903bhp and have emissions below 200g/km. The McLaren P1 will get 727bhp from its 3.8 litre V8 with an additional 176bhp coming from an electric motor for a combined power delivery of 903bhp, with the V8 contributing 531lb/ft of torque and the electric motor an instant 192lb/ft for a combined torque of 664lb/ft at 4000rpm. The boost from the electric motor is instantly available at the flick of a button on the steering wheel – McLaren call it Instant Power Assist System (IPAS) – which instantly throws more additional power to aid the McLaren’s V8 than a pair of Fiestas can manage.