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MINI Countryman goes WRC

MINI Countryman WRC - MINI are going rallying again Back when Adam was a lad (as was I, coincidentally) Mini were big in rallying. In fact they wiped the floor with just about everyone else in the ’60s, winning the Monte Carlo Rally three times in the decade. And now BMW are planning a proper foray back in to WRC with a MINI Countryman WRC prepared in conjunction with Prodrive and featuring a 1.6 litre turbo from BMW Motorsport and AWD.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Volkswagen Scirocco GT24 concept (2008): first pictures

By Ben Pulman First Official Pictures 22 May 2008 13:00 Who’d have thought a little gathering in Austria could give birth to three stunning concept cars. This is VW's new Scirocco GT24 concept and it's appearing at the Wörthersee Tour alongside the Audi TT and A3 Clubsport Quattros. The Volkswagen Scirocco GT24 concept is a road version of the trio of racecars (pictured bottom far right) that will compete in this weekend’s Nürburgring 24-hour race.