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Bernie Ecclestone wants Saab – Spyker make new bid

Bernie Ecclestone is behind the Genii bid for Saab I think if we tried really hard we could be doing at least one story a day on the saga that is the sale of Saab by GM. There’s no point re-hashing the history – if you read here regularly you’ll have had your fill of the story that’s more like a Soap Opera than a business deal, but if you want all the back stories just look under Saab. But now – at the 11th hour – we have two new bits to add to the story.

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

New Nissan Pulsar price and spec revealed – will cost from £15,995

New Nissan Pulsar (pictured) costs from £15,995 In May, Nissan revealed they are heading back in to the hatchback market after deserting it in favour of small SUVs with an all new Nissan Pulsar to take on the might of the VW Golf and Ford Focus in the hotly contested C-Segment market. And now we know how much the Nissan Pulsar will cost, what its engines will be and what trim options will be available. The new Pulsar will go on sale in t he Autumn in the UK with a choice of two engines – the 1.2 litre DIG-T 115 petrol and the 1.5 litre dCi 110 diesel – and a choice of four trim levels - Visia, Acenta, n-tec and Tekna – although there will doubtless be more engine, and trim, options available after launch including a 190PS 1.6 litre turbo petrol.