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Top Gear Breaks Loop-the-Loop World Record In South Africa

The Top Gear Stunt team has achieved the first ever double loop-the-loop in a car in front of an audience in South Africa. Last week we reported that Top Gear were planning to attempt the first ever double loop-the-loop at the Top Gear Festival in Durban. And by jove, they did it.

Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

Maserati Makeover: Italian luxury maker plans for dramatic growth

Maserati announced ambitious growth plans on Thursday to dramatically increase global production to 50,000 units by 2015. By comparison, Maserati delivered 6,159 units in 2011, an increase of 8.5 percent compared with the previous year. More than 2,700 of those were versions of the GranTurismo.