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Audi R8 spyder appears headed for Frankfurt show

The much-anticipated Audi R8 spyder likely will make its world debut in production guise at the Frankfurt motor show in September. The drop-top version of the head-turning German supercar would share mechanicals with the coupe, which offers a V8 making 420 hp and a V10 with 525 hp. The R8 has a mid-engine layout and channels power to the ground with all-wheel drive.

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.

Lotus Exige Scura (2009) first pictures

Lotus will unleash its most potent and exclusive lightweight car to date at Tokyo tomorrow; the Exige Scura. Clad in moody black paint accented with slashes of carbon fibre, this is one Lotus you’ll never see coming. Chances are you’ll never catch it either, since the engine sitting behind the driver is Hethel’s most powerful unit shoehorned into the lightweight chassis.