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Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

Lotus Evora GTE, Elise S (2012) at Frankfurt motor show

Having staid the executioner's blade from above the Evora and delayed its Elan replacement until at least 2016, Lotus is now pushing ahead with a new range of Evoras. Unveiled at the 2011 Frankfurt motor show was the most powerful Evora (and road-going Lotus) ever, the GTE, and a revised Evora and Evora S. So how much power does the Lotus Evora GTE have?

Lexus RC-F (2014) first official pictures

By Ollie Kew First Official Pictures 08 January 2014 20:00 Make no mistake, Lexus is making a statement with the RC-F. It’s the lairiest-looking production Lexus this side of the now-defunct LFA supercar, and packs an AMG-sized V8 punch to back up the visual aggression. Read on for the specs of what could be a two-door dark horse to worry BMW and smash the unloved Audi RS5.