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Saab’s Chinese Takeaway goes cold

Saab loses Hawtai investment There’s nothing worse than a cold Chinese; all congealed and unappetising. A reality Victor Muller woke up to today when the news broke that the much-trumpeted investment by China’s Hawtai in Saab had turned sour. But it wasn’t exactly unexpected.

How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.

Volkswagen Passat R36 (2006): first official pictures

By Phil McNamara First Official Pictures 17 November 2006 10:13 VW Passat R36: the lowdown Volkswagen has pulled the wraps off its 'R' flagship Passat – and the five-door is the fastest estate VW has ever made. Scooped by CAR Online a few weeks back, the R36 puts out 296bhp, which launches the estate fromk standstill to 62 in 5.8sec. Available as a saloon, too, the R cars go on sale in early 2007, with prices starting at an estimated £28,000.