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2014 Range Rover adds supercharged V6

In addition to a complete inside-and-out redesign, the big story for the new-for-2013 Range Rover was the weight savings -- about 700 pounds worth thanks to an all-aluminum unibody structure. On Wednesday, we caught wind of the 2014 model. Word on the street is Jaguar-Land Rover's 3.0-liter supercharged V6 will replace the normally aspirated V8 for next year.

Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.

Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.