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Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

Farbio GTS (2007): first official pictures

By Ben Pulman First Official Pictures 20 September 2007 04:50 Looks good. How much? Not impatient, are you?

Renault Gordini back

The old Clio Renaultsport with a 1965 Renault Gordini 8 I think you’ll probably have to be over 40 – or a Renault nut – to have any knowledge of the Renault Gordini. But you’re soon going to be a bit more knowledgeable if reports that Renault are about to revive the Gordini name are true. There have been rumours for quite a while that Renault want to use the Gordini name on their ‘Sporty’ cars in the same way that BMW has used the Cooper name on MINIs and Fiat the Abarth name.