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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.

Top Marques 2014: preview guide to the playboys’ motor show

The self-billed “anti-austerity show” is back for another year, with Top Marques 2014 - otherwise known as “the most exclusive supercar show in the world” - returning to the decadent surroundings of Monaco. Nothing has changed for 2014, with the show retaining its glamorous mix of supercars, superboats, watches, handbags and the most expensive facial in the world. No, really, the Gold Mask Treatment - by Margy’s of Monte Carlo - could be yours for a cool $4,900.

Pagani supercars

By Tim Pollard 29 July 2008 09:00 It's a small world, Supercar Valley. Former Lambo man Horacio Pagani upped sticks and set up his own Modenese business, using composites experience garnered on his watch at Sant'Agata to showcase his own effort at the 1999 Geneva motor show. And what an effort it was.