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Aston Martin One-77 (2009): new video and cabin photo

By Tim Pollard First Official Pictures 12 November 2008 12:12 Aston Martin today publishes a second video of its uber-exclusive One-77 supercar – and we see the first glimpse inside the £1.2 million car's cabin. Watch the short film on our video player below to see official footage of Aston CEO Dr Ulrich Bez, design boss Marek Reichman and program manager Chris Porritt talking about the One-77. Porritt said the One-77 continued the tradition set by low-volume models like the DB4 GT Zagato – with craftsmanship that just wouldn't be possible on a V8 Vantage or DB9.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

German car makers are dropping big engines

[ad#ad-1] It’s the trend at the moment, and one that won’t go down very well with our American cousins, who are fond of saying that ‘There ain’t no substitute for cubic inches’, as the three big luxury German Car Companies – Audi BMW and Mercedes – are planning to move away from their big ‘V’ engines. BMW V10 - on the way out The news started last week, when Audi let it be known that their new S5 will not use the V8, but will instead use a supercharged V6. Earlier this week, news came from BMW that its next generation of ‘M’ cars will forsake the V10s so beloved of M owners, and will instead go for turbo versions of the V8.