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Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.

Lexus sales up but Toyota's profits tumble

By Ben Whitworth Motor Industry 13 August 2008 13:25 With spiralling fuel prices, luxury off-roaders may be seen as the devil on wheels in the UK’s current cash-strapped economic climate – which would explain why last month saw a sharp drop in SUV sales at BMW, Audi and Mercedes. But not at Lexus. July 2008 sales of the company’s RX400h hybrid off-roader climbed 28 percent over the same period last year, rising from 223 to 285.

CAR's 12 days of Christmas competition bonanza

By Ben Pulman Competitions 14 December 2008 00:00 It’s the last day of CAR’s Christmas giveaway bonanza and that means something very special. Today we’re offering one reader a 12-month subscription to CAR Magazine, and don’t worry if you already subscribe, because we’ll add this deal to your existing subscription. Click here to enter our competition And you can still enter the previous day’s competitions, with chances to win a Porsche perfume, a Lamborghini umbrella, a limited-edition model of the Ferrari 575 GTZ, books on Mercedes design and car design, Scion and Abarth caps, an RC Fiat 500, Need for Speed computer games, plus lots and lots of bools Day 1: Porsche Design: The EssenceDay 2: Lamborghini umbrellaDay 3: Ferrari 575 GTZ modelDay 4: Mercedes Design bookDay 5: Car Design Yearbook 7Day 6: Scion cap and Abarth cap and keyringDay 7: Remote control Fiat 500Day 8: Suixtill touring bag and racing pantsDay 9: Need for Speed (with a French manual) for PSP, PS3 and Xbox 360 Day 10: Racing booksDay 11: A plethora of other booksDay 12: A 12-month subscription to CAR Click here to enter our competition This competition closes on Saturday 31 January 2009.