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Citroen DS3 Cabrio Racing heading for Goodwood FoS

Citroen DS3 Cabrio Racing (pictured) will debut at Goodwood this week. We’re big fans of the Citroen DS3, and the DS3 Cabrio manages to be something most cabrios aren’t – as good to look at as their coupe siblings. So the news that Citroen has decided to fill a niche in the DS3 range by taking the extreme DS3 – the DS3 Racing – and blending it with the cabrio to create the DS3 Cabrio Racing should come as no surprise.

Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

Ford to sell two concepts at auction

Amongst the numerous one-off concept cars and rare historic vehicles set to be auctioned off at the forthcoming RM Auctions sale in Monterey, California, Ford has contributed two of its own unique concept cars to be sold. All proceeds of the sale will go to the Juvenile Diabetes Research Foundation (JDRF) charity. The race-inspired 2005 Ford Shelby GR-1 concept and the 2001 Thunderbird Sports Roadster concept will be presented by the world's largest collector car auction house on August 19th in California as part of its Monterey sale. It is believed that the 2001 Shelby will sell for between $150,000 and $200,000 while the 2001 Thunderbird concept will fetch between $125,000–$175,000. There will be no reserve on the cars.