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Video and design sketch of Honda-badged NSX Concept released
Tue, 07 Feb 2012Honda has revleased a video design sketch of its NSX Concept, due to be unveiled at the 2012 Geneva Motor Show. The company has also released new details concerning the NSX Concept, which was first seen at the Detroit Motor Show sporting an Acura badge. The new NSX is expected to indicate the direction in which they will be heading in terms of the design and technology of Honda's next-generation supercar, widely tipped to be available for purchase in the next few years.
Still saving for a McLaren F1? You’ll need to try harder as they’ve hit £6.2 million
Tue, 06 May 2014This McLaren F1 sold for $10 million The price of the McLaren F1 keeps on rising, and just last year F1 chassis #66 was sold by Gooding and Co in the US for a then record-breaking £5.42 million. But that record seems to have been broken. Ferrari specialists DK Engineering in Hertfordshire have just spent six months tracking down an F1 for a British buyer, culminating in chassis #28 being sold for a reported £6.2 million ($10 million).
Saab files for bankruptcy
Tue, 20 Dec 2011Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.