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Spyker planning four door coupe saloon – E8/E12?

Spyker E8 - a four-door saloon/coupe - will be Spyker's next model [ad#ad-1] Bit of a Spyker week this week. Their injection of funding recently is certainly starting to have an impact. Spyker are on the up.

Mark Webber quits Red Bull F1 for Porsche (2013)

Porsche has confirmed it’s poached Formula One driver Mark Webber from Red Bull Racing to race for it at the 2014 Le Mans 24hrs. The 36 year-old Australian has signed a multiple-year contract to drive Porsche’s new LMP1 challenger, which is aiming to give Audi a bloody nose in the world’s most famous endurance event next year. What does Mark Webber know about driving a Porsche endurance prototype at Le Mans?

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.