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McLaren 12C Spider confirmed for July 3 reveal

McLaren Automotive officially announced on Friday that it will reveal the 12C Spider, an open-top version of the MP4-12C supercar, on July 3. There has been much speculation about an open-top version since the release of the original MP4-12C. In a video interview, McLaren Formula One driver Jenson Button extols the virtues of open-top driving.

Ducati 1199 Panigale merges components, sheds weight [w/gallery]

Ducati has released an image of its new 1199 Panigale without its fairings, illustrating how multiple elements of the bike have been fused together to make it incredibly lightweight and compact. The motorcycle manufacturer has managed to reduce the overall dry weight to be reduced by 10kg to a benchmark weight of just 164kg. The monocoque connects to the specially-designed engine's cylinder heads and comes forward to house the steering head bearings.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.