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Arash AF-10 supercar (2010) unveiled

Meet the Arash AF-10, a new British supercar launched hot on the heels of the Noble M600. And if you thought the £200k Noble was expensive, wait until you hear the price of the AF-10: £320,000. These are the first, early pictures of the AF-10, and now that you’ve picked yourself up off the floor, let’s find out what the price of decent house buys you.

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

Dramatic CCTV footage shows consequences of tyre failure

AS A PART of October's Tyre Safety Month initiative the Highways Agency have released dramatic footage of the consequences of tyre failure. In the clip, viewable on the Highways Agency YouTube channel, motorway cameras capture the moment a front tyre explodes on a large lorry, sending it out of control and into the central reservation in a spectacular crash. Further clips show the chaos caused when all three lanes of a motorway are closed to retrieve tyre debris, and the eye-watering £2 million cost of a lorry fire caused by tyre failure results in all six lanes of a motorway being shut for hours.