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Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Zagato V12 triumphs at Villa d'Este

The Aston Martin V12 Zagato was victorious at this year's Concorso d’Eleganza at Villa d’Este, winning the Design Award for Concept Cars and Prototypes. The modern interpretation of the iconic DB4GT Zagato fought off competition from ten other entries including BMW’s 328 Hommage, Audi’s Quattro concept and the James Glickenhaus P4/5 Competizione Ferrari. Dr Ulrich Bez, CEO of Aston Martin, said: “We are thrilled to see that this car conquered people’s hearts.

Pagani Zonda R – the Ultimate Video

Great video of the Pagani Zonda R below Well, ‘Ultimate Video’ may be slightly overstating the case, but it is a crackingly good video. As we said when we reported that Pagani were taking a Zonda Cinque Roadster to the Geneva Motor Show - and again when we told you about the Zonda Tricolore – we are almost at the end of the Zonda, with the Pagani C9 due to bow on the world stage in September undisguised (although we’ve seen plenty of Pagani C9 spy photos). So the Zonda isn’t really news any more, and the Zonda R even less so.