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UK Car Sales down 272,000 in 2008

Well, we knew the car industry was in trouble, and that in the last quarter of 2008 car sales fell off a cliff. But it has now been confirmed that overall sales for the UK in 2008 fell by 272,212 units, or 11.3%. December figures alone showed a drop of 21.2% year on year.

Jose Mourinho supercar (2014) first teaser shot

By Ollie Kew First Official Pictures 13 December 2013 17:56 In an own goal for taste, Chelsea FC manager Jose ‘Special One’ Mourinho has joined a joint project with tuning firm Mansory and self-styled high society club Raff House to create a new supercar. The finished car, of which just eleven will be made (accept no substitutes) is designed to ‘unite the best of Ferrari and Aston Martin’, according to the promotional literature. A single teaser image has been revealed, showing a carbonfibre-bodied coupe with vertical exhaust outlets and faintly McLaren 12C-esque rear lights.

Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.