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Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

Gordon Murray launches car company

By Ben Oliver Motor Industry 05 July 2007 08:11 Gordon Murray has launched his own car company. Forget million-pound price tags; his first effort will be a radical new small car so frugal you’ll recoup its £5000 cost in four years of ownership. Gordon Murray Design describes it as 'a new class of vehicle.

Lamborghini Aventador LP700-4 Roadster confirmed

Lamborghini Aventador LP700-4 Roadster outed by the US Government It’s news all Lamborghini fans have been waiting for, the confirmation that Lamborghini are going to chop the top off the LP700-4 and give us the Lamborghini Aventador LP700-4 Roadster. To be honest, we weren’t expecting any sort of confirmation from Lamborghini on the Aventador Roadster until later this year, perhaps with a first outing at Frankfurt in September or even Geneva early in 2012. And it’s not Lamborghini who’ve revealed the Aventador Roadster will be with us next year.