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Auctions America revitalizes former Kruse sale

Despite a few close calls and false starts, Auburn, Ind., remains a town where two large operators hold collector-car auctions at the unofficial end of summer. Worldwide Auctioneers continued at its regular space (though with a much larger sale), and the new kid down the street, Auctions America by RM, took over where Kruse had faltered. Auctions America held a successful rookie effort at the former Kruse Auction Park in Auburn.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

Mercedes A-class AMG (2012) spied on video

2012 Mercedes A-Class AMG caught on video in Germany We had the very impressive-looking Mercedes A-Concept at the Shanghai Motor Show back in April, and the less than impressive-looking new Mercedes A-Class patent drawings a while later. And now we have the first spy video of the range-topping 2012 Mercedes A-Class AMG caught blatting round Stuttgart. We had high hopes for the new A-Class – which will arrive sometime in 2012 – when we saw what Mercedes had done with the A Concept, but that turned to disappointment when the more prosaic patent drawings appeared.