San Marino Motor Classic celebrates its third year

There may be more car collections hidden in Southern California garages, hangars and warehouses than anywhere else in the world, and Aaron Weiss knows almost all of the collectors. Weiss, along with co-founders Ben Reiling, Paul Colony and a large contingent of car-crazy compatriots and sponsors, put together the third annual San Marino Motor Classic on June 9 with 250 cars ranging from grand tourers to a Wells Fargo stage coach hauling guests around the show. “It's the best of the public and private collections in the Los Angeles area,” said emcee Ed Justice Jr., president of industry products company Justice Brothers.

It seems the Range Rover Evoque Convertible is going in to production after all

It seems the Range Rover Evoque Convertible (pictured) is actually going in to production We weren’t very complimentary about the Range Rover Evoque Convertible when it was revealed in concept form at the Geneva Motor Show last year. And we were relieved when we heard just a few months ago that Land Rover weren’t going to push ahead with production of the Evoque Convertible after all. But it seems that report was incorrect, as What Car are reporting that Land Rover has actually approved the Evoque Convertible for production.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.