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Alfa Romeo 4C concept

Following the limited production run of the 8C super car, Alfa Romeo unveiled its new sports car at the Geneva motor show – the 4C. The compact, lightweight and mid-engined sports car is a departure from anything Alfa Romeo is producing at the moment. Taking influence from the 8C's strongest attributes, it also mixes in a new design language for the Italian brand.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Mercedes McLaren SLR Stirling Moss unveiled

By Ben Pulman First Official Pictures 22 December 2008 10:46 Mercedes has ignored the credit crunch – and the plethora of other special edition SLRs – and launched the €750,000 (c. £710k) SLR Stirling Moss speedster as a farewell tribute to its McMerc supercar. Just 75 will be built and each will pack 641bhp.