2013 Harley Davidson Cvo on 2040-parts.com

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

BMW Group unveils in-car G-force and tea-drinking engine

BMW AND Mini have today unveiled pioneering new technologies that produce artificial G-force and even let an engine run on tea leaves. BMW has revealed plans for a system called Force Injection Booster (FIB), which when activated fires artificial gravity at the driver and passenger through the air conditioning vents. But the style-conscious needn’t worry, because the German firm has also patented AirNet, the world’s first in-car hair protection technology.

Shelby raffles off last 50th-anniversary Cobra

Shelby is celebrating its 50th anniversary in style, first at the Detroit auto show with a few black-and-gold Shelby Mustangs, and now at the Barrett-Jackson auction in Arizona with the last example of the 50th-anniversary Shelby Cobra. The car won't be sold to the highest bidder though; it will be raffled. Tickets cost $25 apiece or five for $100.