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Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Lexus CT 200h: Price & models

The Lexus CT 200h UK Price & Models revealed Although it seems like it’s been around forever, the Lexus CT 200h was only officially debuted at the Paris Motor Show last month, although it’s more than a year since we speculated that the Lexus Premium Compact Concept would become the Lexus CT. Still, Lexus has got there and they are ready to roll the CT 200h out in the UK. We got European prices a few weeks back, which frankly were a bit stronger than we’d expected for what Lexus had said would be a 1-Series competitor.

New Vauxhall VXR8 GTS will finally debut at the Performance Car Show next month

The Vauxhall VXR8 GTS (pictured) will finally debut in January We got details of the new Vauxhall VXR8 GTS back in May, with a promise from Vauxhall that the first cars would be delivered by the end of the year. But that hasn’t happened. But now, just a bit late, Vauxhall has revealed that the VXR8 GTS will debut at the Performance Car Show alongside Autosport International next month.