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Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Audi R8 V10 – the Commercial

Audi R8 V10 features in an Audi commercial cruising through Marenello - home of Ferrari It features a new Audi R8 V10 cruising through Maranello, home of Ferrari, and features the reactions of the locals. No punches pulled; no skirting round Audi’s opinion. This blows Ferrari away, they believe, and they’re happy to shout it from the rooftops.

Volvo Chief Designer reinterprets classic P1800

Christopher Benjamin, Chief Designer at Volvo's Monitoring and Concept Center in the US, has penned his vision of a future P1800 as part of Volvo's half-centenary celebrations for the car. Unveiled during the #SwedeSpeak Twitter chat, Benjamin presented this future vision of the iconic sports car. Volvo states that Benjamin is a true admirer of the original P1800 and that these images are what he feels a modern-day interpretation could look like.