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Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

480bhp Nissan Juke-R finally finished – Photos & Video

Nissan Juke-R - finally finished Nissan certainly milked the creation of the Nissan Juke-R for all it was worth. There were endless teases and photos – and even a video or three – some of which we covered, and some of which we didn’t, as it all got a wee bit tedious. But Nissan has finished their test-tube creation of a sub-compact SUV with the heart and soul of Godzilla, and has sent us a nice little video and a set of photos of the Juke-R looking menacing and purposeful in black.

Kia Cadenza (2009) first official pictures

Observant readers may notice more than a little Saab 9-5 at the front, while the side view hints at 3-series and Alfa 159-esque profiling as you follow the lines toward the rear of the car. The European theme even extends to the name: Cadenza is derived from an Italian musical term loosely meaning 'the elaborate flourish of a concerto'. Bravo.