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Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

2013 McLaren F1 – more details emerge

A render of the 2013 McLaren F1 / 799 (click for full size photo) It’s more than two years since we revealed that McLaren are planning on building a McLaren F1 road car for the 21st century. Planned to bring game-changing performance to the hypercar market, it will be McLaren’s halo car, sitting above the 458 Italia-bashing MP4-12C, and the yet-to-come McLaren which is aimed at the Porsche 911 and Audi R8. What exactly McLaren are planning with the new F1 – which may be called the McLaren 799 – is still hidden deep in the minds and computers of McLaren’s elite.

Saab might file for bankruptcy, again

Reports in Europe say that Saab will once again be seeking court-order protection from creditors, the European equivalent of bankruptcy. The reports did not say when this would happen. Saab's U.S.