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Jaguar to build R8 rival

[ad#ad-1] Jaguar has its problems, there is no doubt. Tata is struggling financially with its recently acquired Jaguar / Land Rover set-up, but then virtually every car maker has major problems at the moment. And yes, it has just laid off 450 staff, although this seems to be more about management rationalisation than shedding pure manufacturing jobs.

Seat Leon Cupra R (2009) first official pictures

By Gareth Evans First Official Pictures 20 August 2009 10:59 Seat has unveiled its most powerful production car ever, the new Leon Cupra R, with an S3- and Scirocco R-matching 261bhp.   Performance figures for the front-wheel drive hot hatch look good: 62mph is dispatched in 6.1 seconds, the top speed is 155mph, and yet the Cupra R returns 34.9mpg. Thank the high-tech 2.0 turbo engine from the Volkswagen group, which in this incarnation makes 261hp. Helping get all that power through the front wheels is XDS, the same system you'll find on the Golf GTI that effectively mimics a limited slip differential through the use of electronic wizardry.

Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.