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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.

Warren Golf & Country Club Classic & Supercar event this weekend

There are plenty of supercar and classic car shows up and down the UK to keep petrolheads (and their families) fed with a regular dose of adrenalin and high-octane thrills, but it’s always nice to report on a new one, especially a new one that offers the promise of something worth making the effort for. The Warren Golf & Country Club, which nestles on the Warren Estate in Woodham Mortimer – far from the white stilettos and tangoed complexions of the more chavvy parts of Essex – has its first ever classic and supercar show event this Saturday (4th May 2013) and they’ve made a pretty good fist of putting an appealing array of goodies together. Max Chilton, a relatively new entrant in the F1 world, will be there together with his Marussia F1 car, as will be the entire Le Mans Jaguar XJR Team thanks to local specialists JD Classics.

Kia Naimo EV Concept revealed

The Kia Naimo EV gets revealed in Seoul This week sees the start of the Seoul Motor Show. Which may not be at the top of our list of must-see shows, but with Kia and Hyundai taking over the world we do need to at least sit up and take notice. Today is press day at Seoul and Kia has rocked up with a funky electric CUV (Crossover Utility Vehicle) – the Kia Naimo – powered by a pair of 27kWh lithium-ion polymer batteries in the boot which power an electric motor that’s good for 108bhp and 207lb/ft of torque.