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Bankruptcy looms for cash-starved Saab
Tue, 11 Oct 2011The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.
BMW M7 coming after all?
Mon, 28 May 2012Despite BMW’s stating they will never make an M7, BMW’s American boss Ludwig Willisch says it will happen. Three years ago the BMW ‘M’ anoraks got excited when they thought BMW was about to produce a range-topping M7, but it turned out the photos that elicited their excitement were simply a 7 Series with an M Sport pack bolted on. In answer to the M-anorak’s disappointment BMW pointed out – very sensibly in our view – that the market for an M7 would be tiny and that you could already have a 760i M Sport with a stunning V12 and 0-62mph in 4.5 seconds.
New Audi TT at Tokyo Show? Or could it be the Audi R4?
Mon, 21 Nov 2011Audi R4 (left) or new Audi TT (right)? A few weeks ago Audi Blog in the Netherlands ran a sketch of what they thought was a new Audi TT. But it was a very basic sketch and, although interesting, we didn’t pursue it.