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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

McLaren MP4-12C at the 2010 Festival of Speed

By Tim Pollard First Official Pictures 30 June 2010 09:49 McLaren will show its new MP4-12C supercar for the first time in public at the 2010 Goodwood Festival of Speed this weekend. McLaren's F1 drivers Lewis Hamilton and reigning world champion Jenson Button will drive the 12C up the Goodwood hillclimb on Saturday and Sunday in the Supercar Run.They're wheeling out the F1 stars again?Yep. The MP4-12C is being heavily promoted by McLaren's grand prix racers.

McLaren SLR Stirling Moss lives up to hype as "Mercedes Menace"

Where to start? That’s the question when confronted by the amazing Mercedes-Benz McLaren SLR Stirling Moss. No matter how often you’ve seen it in pictures, nothing prepares you for the impression the low-slung two-seater leaves as it hovers into view and you get the key for a world-exclusive drive.