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Ian Callum’s Jaguar Mark 2 goes in to limited production – costs from £350,000

Ian Callum’s Jaguar Mark 2 goes in to limited production Jaguar designer Ian Callum has worked with Classic Motor Cars Limited (CMC) for more than a year to produce his perfect Jaguar Mark 2, and it’s been so well-received it’s going in to limited production. Still looking like a Jaguar MK II – but with a few modern twists – Ian’s car gets integrated bumpers for a smoother look, louvres on the front wings, a set of split-rim wire wheels, an upgraded 4.3 litre XK engine, five-speed manual ‘box, upgraded suspension and brakes and a new interior. To our eyes, the whole car looks incredibly homogeneous and not at all like the ruination of a classic, and that seems to be the feeling of Jaguar lovers round the world.

New scheme lets drivers rent their cars out

Car owners can now make money by renting their vehicles when they’re not being used, using a new car rental scheme. The ‘easyCar Club’ venture lets drivers advertise their cars and matches them with people looking to rent a car for a short period. On Bing: see pictures of unusual hire cars Hertz offers supercar hire Although the service is now available nationwide, it was initially trialled in London – meaning many of the cars advertised are concentrated on the London area.

Saab's finance struggle: the latest news

Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed.   Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.