Haltech F10 on 2040-parts.com

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

Pontiac G8 may get a second life as the Chevrolet Caprice, Lutz says

The Pontiac G8 may get a new life as the Chevrolet Caprice. General Motors is studying the feasibility of reusing the rear-wheel-drive performance sedan for law enforcement and the general public, vice chairman Bob Lutz said in an online chat Monday. “The G8 has finally been discovered by a broader percentage of the buying public,” Lutz said on GM's FastLane blog.

Mugen Honda CR-Z Hybrid Video ahead of Goodwood

Mugen Honda CR-Z Hybrid playing on video We reported back in April that Honda had turned to Mugen to see if they could inject anything in to the CR-Z Hybrid that might make it even remotely appealing to a driver. The plan was to take the resulting Mugen Honda CR-Z to this year’s Goodwood Festival of Speed, to see if the knowledgeable petrolheads that gravitate to the Goodwood Estate like moths to a Summer flame could find something to love in the Honda CR-Z, once it had had some Mugen fairy dust springled on it. We were a bit reluctant to expect anything much of the CR-Z even after Mugen had played, but we were pleasantly surprised to learn that the CR-Z would get a wider track, new suspension and brakes and a drop in weight thanks to some carbon fibre in the mix – most notably the carbon fibre bonnet.