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Frankfurt motor show revisited: a reader’s review

By Richard Webber Motor Shows 05 October 2009 17:26 Richard Webber won a competition held by CAR and Vauxhall to take a CAR Online reader to Frankfurt. Here's his earlier report from the 2009 IAA - and you can now watch his video preview of the new 2010 Astra below I was chuffed to bits to win CAR’s competition to go to the 2009 Frankfurt motor show. But would the IAA live up to the hype on a general access public day, rather than VIP only press day?

Retired driver Randy Lewis rolls out commemorative Indy 500 wine set

Scott Pruett isn’t the only race-car driver looking to dress up what racing fans are drinking. Randy Lewis is, too. The retired driver’s Lewis Cellars is putting out an Indy 500 six-pack to celebrate the 100th anniversary of the event.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.