Here's the skinny: Saab isn't totally dead yet. As the weekend showed, there's (a little) hope for both Saab and its Dutch suitor, Spyker. As our man Ramsey laid out yesterday, Spyker submitted a renewed eleven-point plan to General Motors that they (Spyker) hopes will allow them to take ownership of the deeply troubled brand. And yes, being pronounced dead four days ago counts as "deeply troubled." As Swedish Prime Minister Fredrik Reinfeldt pointed out, all this dead/not dead uncertainty has been throwing Saab employees, "between hope and despair."

Meanwhile, a (perhaps) unintended consequence of Spyker's eleventh hour rebid is that their stock has soared up 23.5 percent. Now, as some of you well know, Spyker isn't very big. They sold just forty-three cars last year and their market cap was just 26.6 million euros before the stock shot up. Still, if Spyker plays their cards right, this spike in value could have long term benefits, but only if they secure a deal for Saab.

Says one anonymous analyst to Reuters, "The stock's value is close to nothing but if they succeed to buy Saab, invest, and turn the company around then the shares can become valuable." Trouble is, GM only has until 5:00 pm EST today to sell Saab. For we're not sure why, but Spyker is making this a very limited time offer. If we had to guess, it's in order to force a deal. For its part, General Motors is "reviewing several new expressions of interest" for Saab, one of which according to Saabs United is Merbanco.

Should the Spyker deal (and all other deals) fall through, 3,400 Swedish workers will lose their jobs, and the 1,100 Saab dealerships worldwide will be forced to shutter. The Swedish government is in crisis talks with Saab officials right now should such a worst case scenario transpire. As for now, the Saab remains the same – i.e. mostly dead. One last thing, here's an interesting reflection on the demise of Saab by AB pal Jack Baruth.

[Sources: Reuters; Saabs United; Speed:Sport:Life | Image: Gabriel Bouys/AFP/Getty]

One of our favorite cars from 2009 is the Blastolene Peterbilt hot rod. You know the one with two (count 'em, two) superchargers bolted to its Detroit Diesel V12. Hubba hubba,. And if we had access to a time machine, our very favorite car from say 1933 might just be this firetruck speedster, that's quite possibly a direct ancestor of Blastolene. For certain the two are related in the chutzpah department. As the owner states, "You don't know what 'awesome' is until you drive this car."

Where to even start? First of all, brass era cars rule. Even if this particular American LaFrance bucket isn't exactly 100 percent of the period. The chassis is from 1921 type 14-6 short wheelbase firetruck. The motor is out of a 1918 type 31-6-75 front drive aerial ladder, while the aluminum cowl comes from another American LaFrance firetruck built between 1927 and 1930. The speedster just looks like it hails from 1915 (the year which it's coincidently registered). Pretty amazing, no?

Let's talk motor for just one moment. The six-cylinder powering this particular rat rod is a 14.5-liter inline-six (that's 820 cubic inches) good for 105 horsepower. Not oodles of power, but with twelve spark plugs (six off the distributor, six off the magneto) and all that displacement, you can bet this guy is torquey enough to pull stumps. Need more convincing? The differential takes 600 weight oil. Currently, the speedster's sitting at $50,000 (reserve not met) with a buy it now price of $149,000. Serious bidders only, and good luck!



[Source: eBay Motors]

Fate is a funny thing. It was our destiny to get a ride with Valentino Balboni in a Lamborghini LP550-2 Valentino Balboni during rush hour traffic in Los Angeles. Lucky? Absolutely, though we may have crested 50 mph once... maybe. Would we have preferred to have been in the passenger seat of this here limeade green Valentino Balboni as Lamborghini's legendary test driver literally hoons the rear tires off the car? Dear God, yes!!

The following video is actually a pretty good demonstration of the difference between RWD and AWD vehicles. You'll see the Mr. Balboni flinging the LP550-2 around a corner, the rear sliding out a touch before he applies just a dab of oppo' to get the V10-powered, rear-wheel drive mini-monster back in line. This is followed by an AWD LP560-4 which simply can't break traction and sort of gracelessly shunts and shutters its way around the corner. Faster, no doubt -- but not nearly as fun to watch. And then there are sparks and smoke and trust us you'll love this. Watch the video, after the jump.

[Source: YouTube via Jalopnik]

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All we really want to do at this moment in time is make a never-ending series of N'Sync jokes. But we don't know any. So instead, let's talk about how Audi has just picked Justin Timberlake to be their new spokesman. What's JT doing specifically? Seems as if the four interlocking rings folks are gearing up to do some sort of "extraordinary Internet campaign" for the A1 and "That's where Timberlake will play a leading role."

Just yesterday, we published a report that the new Audi A1 will possibly not be coming to the U.S. Obviously, a star of Timberlake's caliber will be able to effectively move metal outside of our shores. But we have to wonder if Audi's naming Timberlake its brand ambassador doesn't kick a little sand into the eye of the A1-is-not-for-here theory. After the all, the guy started his music career on Star Search and later as a Mouseketeer. It seems fairly apparent that Audi would make a move like this if us American types are in fact getting their small premium city car. Then again, we're not really up on our star watching and our Significant Others tell us that JT is an international phenom. In any case, at this moment in time, we just don't know what to think. Press release after the jump.



[Source: Audi]

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We're looking at a long, nearly straight, almost totally traffic-free downhill. We'd climbed up to the base of the Palm Springs to Idyllwild Ariel Tramway. Our goal was to see how fast Mitsubishi's tiny i could go. We're on the gas, and the teensy, turbocharged 660cc three-banger is giving us all its got. The speedometer ticks upwards, now cresting 100. In front of us is nothing but inviting tarmac. Deeper and harder we push and the numbers keep ticking up. 119, 120, 121 and then finally hitting 122. We felt we left a little on the table and could have probably achieved a terminal velocity of around 130. Maybe. 125 for sure.

Before you crime and punishment types climb upon your soapboxes, we should mention that the right-hand drive, JDM-only i reads out in kilometers per hour. Meaning that our top speed was almost 76 mph. And we stand by our assertion that we totally could have hit 80 mph.



Photos by Drew Phillips / Copyright ©2009 Weblogs, Inc.

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This guy. So, some of you no doubt remember the Cadillac CTS-V Challenge. If you don't, here's a refresher: General Motors vice-chairman Maximum Bob Lutz challenged any journalist to bring a CTS-V competitor to California's Laguna Seca where the 77-year-old Lutz would mop the floor with he/she and whatever fancy-pants, Euro sedan they done brung. Of course, the event got moved to New York's Monticello Motor Club, and to guarantee that the Cadillac didn't lose, GM brought in a backup pilot, John Hienricy, the company's noted hot shoe engineer and race car driver. And then every other manufacturer (Mercedes-Benz, Jaguar) decided not to play into GM's marketing ploy, and withdrew their cars' support.

To be frank, we here at Autoblog toyed with the idea of throwing our hoon-hat in the ring, but after Heinricy became Cadillac's ace in the hole, we figured the whole challenge was unwinnable (we've driven with Mr. Heinricy – he's that good). While it would no doubt have been fun, totally playing into General Motor's hands like that (by also losing), well, not so much. Luckily, privateer Michael Cooper and his BMW M3 wasn't in on our conference call.

Mr. Cooper showed up to the Caddy Challenge and laid down a 2:50.424, beating not only Bob Lutz's 2:56.321 in the way more powerful CTS-V, but our pals Lawrence Ulrich (2:53:026) and Jack Baruth (2:51:153), both of whom were driving the big supercharged Caddy. Not surprisingly, Heinricy blew the doors off of every single person, ripping off a 2:46.560. Probably while flossing. But let's not overlook young Michael Cooper, who with 142 less horsepower and a boatload less torque to work with came in less than four seconds behind John (ringer *cough* ringer) Hienricy.

BMW was so taken by Mr. Cooper's feat of good driving that they reportedly invited him down to their North American headquarters in New Jersey and gave him a BMW Performance Multifunction Steering Wheel. How else to thank the guy that tossed such an effective monkey wrench into GM's marketing plans? BMW installed the wheel in Cooper's M3 while he was given a ride in a special BMW Performance enhanced 335i Sedan. So, one more time, a hearty Autoblog congratulations to Michael Cooper and his Cadillac CTS-V challenging BMW M3. The one with the fancy new steering wheel.



[Source: BMW Blog]

Front-wheel drive is a funny thing. When originally introduced during the Thirties in the Cord 810 (then later in the awesome supercharged 812) and the Citroën Traction Avant, FWD was hailed as a major breakthrough, a wondrous technological innovation that allowed for lower ride height and greatly increased passenger space. Postwar consumers got a taste of the wonders of FWD with the iconic Citroën DS. At the top of its game in the Sixties, General Motors reintroduced FWD to American consumers with two remarkable luxury coupes: the 1966 Oldsmobile Toronado and the 1967 Cadillac Eldorado. Come the Seventies, Citroën produced what is arguably the greatest GT coupe of that decade, the impeccable (and FWD) SM.

Roll the clock forward to the Eighties and suddenly everything was being tugged around by its front wheels. Honda, Toyota, Nissan, General Motors, Ford and Chrysler all jumped head first onto the FWD bandwagon and, for the most part, they haven't looked back. Granted, Cadillac has rethought which wheels get driven, but with the exception of a dinosaur livery-mobile, there isn't a single rear-wheel-drive Lincoln to be found. Even Volkswagen got in on the transversely-mounted engine madness. This left only the Germans – namely Mercedes-Benz and BMW – to seriously carry the rear-wheel drive passenger car torch for nearly a decade. Sure, Lexus and Infiniti brought out some heavy hitting RWD sedans along with a raft of FWD offerings (M30 I30, G20 anyone?), but Acura never bothered.

The average gearhead hates FWD for all the right reasons (weight distribution, steering feel, the front tires being asked to both propel and turn, etc.), and during a recent discussion we had with a half-in-the-bag PR guy, [NAME REDACTED] exclaimed, "Front-wheel drive sucks!" So, how can a technology go from the penthouse to the doghouse like that? One answer (of many) comes from the Minnesotan economist/social philosopher Thorstein Veblen and his book The Theory of the Leisure Class. Here's a quick, ten-cent Cliff Note version: When electric lighting first appeared, only the rich could afford electric lights. As such, electrically lit dinners were considered romantic and desirable. However, once electrification trickled down to the unwashed masses, only the rich could afford both bulbs and candles. Hence, candlelit dinners became en vogue. Which – believe it or not – leads us very nicely to the 2010 Nissan Maxima SV Sport and its $38,384 asking price.



Photos by Drew Phillips / Copyright ©2009 Weblogs, Inc.

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Normally we can think of some cute little anecdote to kick these here posts off with, but today... can't do it. BMW is raising their prices by 0.4 percent across the board on vehicles sold in North America. This price increase takes effect on January 1, 2010. Why? BMW isn't saying. And while less than a percent may not sound like much, if you're buying a stripper 760Li ($136,600), that's like $600!

There is a tiny sliver of good news. The three vehicles that just got introduced to this continent in December -- the ActiveHybrid X6, ActiveHybrid 7 and the 550i Gran Turismo -- are unaffected by this price increase. Of course as all three of those vehicles haven't proved themselves in the marketplace yet, so that sliver is even tinier upon second glance.

But it's not just the base prices that are going up. Destination & Handling fees are on the rise as well. Every new BMW is coming with an additional $50 tacked onto the 2009 $825 price, for a total of $875. And yes, this fifty dollar increase applies to the two new hybrids and the Gran Turismo as well. Happy New Year!


[Source: BMW]

Here's a little bit more on the salvation/debacle of Saab. First of all, it should be pointed out that after our last report about Holland's Spyker trying to buy Saab, the freaks lovely people over at Saabs United pointed out some gaping holes in our reporting an inconsistency or two with the Reuters/our version of the facts. As such, we've gone ahead and vetted the information we're using for this post with the brain trust over at Saabs United. Hey, they really like Saabs, what can we say? And now, on to the story.

Automotive News is reporting that China's Beijing Automotive Industry Holding Company (BAIC) has reached a deal with General Motors to acquire the tooling for both the Saab 9-3 and 9-5. Not so fast, says Saab's United! What they actually acquired is the tooling for the old 9-5, as well as the stuff for the pre-2006 9-3. Sort of a big difference, as obviously Saab's just getting geared up to roll out the all new 9-5 – and whomever winds up buying Saab will most likely want to offer both it and the existing 9-3 and its derivatives. Spyker's CEO Victor Muller confirms the BAIC deal is for "old equipment" and goes on to characterize the BAIC deal as, "Good news."

Then there's a bunch of no commenting. Obviously, General Motors has no comment on anything, though they do say that once a deal is reached they will say something. As far as we can tell, the pending Spyker deal is still a definite maybe. BAIC could not be reached to make a "no comment," and Saab's Eric Geer's stated, "We can't comment on anything about the sales process." Though our Saabs United source does provide us with a juicy tidbit, "[Geer's] wife is Saab's head legal counsel so he's like the canary in the coal mine. If he ever resigns suddenly..."

So there you have it – Saab's future is still totally up in the air. Though our source says that in addition to the 9-5 sedan, there's a 9-5 wagon (SportCombi) that's "pretty much ready to go" as well as the 9-4x which has, "been ready for about a year but Caddy had to get the SRX out first." Plus, a new 9-3 is being worked on. And one more thing – Saabs United is reporting that a Swedish group (not Renco) is also in talks with GM, in addition to the Spyker deal. We'll keep you posted.

Gallery: Frankfurt 2009: 2010 Saab 9-5

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[Source: Automotive News – subs req. | Saabs United]

Right, so this isn't really a Rolls-Royce. We know, we know -- you thought it was. And that's understandable. But no, it's a fake, a phony, a fraud, etc. And with the owner spending at least, say, $3,000 to turn an old Mercedes-Benz E-Class into a Roller, we understand why you were duped. We aren't surprised, however, that this car exists in a former Soviet Bloc country (supposedly Kazakhstan).

All joking/sardonic comments aside, we always wonder why people bother with stunts like this. The other day we saw a BMW E39 525i with a M5 badge. Now, the only people that will be impressed by an M5 badge are the exact same people who will notice that the E39 is missing the requisite four tail pipes. So, who exactly are they fooling, besides themselves? This Phantom conversion's one redeeming quality is that the finished product (somehow) looks pretty good. Make the jump to watch the video. A tip of the Kalpak to Pasi for the tip!

[Source: YouTube]

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