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Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

CPP buys Zagato

Ferrari 550 GTZ - built by CPP In a move that seems to have received no coverage whatsoever, our favourite specialist car putter-together – CPP (Coventry Prototype Panels as was) – has quietly bought up Zagato. For those of you who are ‘Vlad Watchers’ this may come as no surprise. It seems that Vladimir Antonov is on a quest to buy up everything interesting there is to buy in the specialist car world (and Portsmouth FC too – no accounting for taste!), which includes funding CPP and its recent acquisitions.

Top 10 car adverts revealed

THE UK’s favourite television car advertisements have been revealed and Honda has grabbed the top two places. Its Hands advert was an easy winner with more than 12 million views, followed by the Japanese firm’s An Impossible Made Possible ad in second spot. Third place went to one of two Chevrolet adverts in the top 10 with the American company’s Outstanding Design ad in third followed by its LifeTest promotion in fourth.