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Kia Ray Concept at Chicago Motor Show

Kia wil preview the Kia Ray Concept plug-in hybrid at the Chicago Motor Show next month Yes, the Detroit Motor Show is only just about done, but waiting in the wings is the rather less fancy Chicago Motor Show (although they probably won’t thank us for describing it as such). But despite Chicago being a lower key affair than Detroit they will still get their share of new stuff. Well, not necessarily new (we reported that North America gets the BMW Alpina B7 which will debut at Chicago) but certainly new to the US.

Eagle Low Drag GT picks up where Jaguar E-Type left off

The one staple of any Jaguar E-Type article is a reference to Enzo Ferrari calling it “the most beautiful car ever made.” And we get it, that's high praise from a man who brought us some of the world's best-performing cars. A British company called Eagle specializes in the rolling sculptures, repairing and restoring using modern techniques. The latest offering from Eagle is the Low Drag GT.

Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.