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Saab China – Deal Dead
Mon, 24 Oct 2011Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.
Audi SQ5 TDI arrives at Le Mans
Fri, 15 Jun 2012The Audi SQ5 TDI – a 309bhp diesel Q5 – is revealed at Le Mans as the first Audi S model with a diesel engine. It’s quite appropriate that the first diesel S Model from Audi has arrived at Le Mans in the shape of the Audi SQ5 TDI, where Audi are expected to dominate in diesel-engined cars. It also shows that Audi are aware that powerful diesel compact SUVs are a must have in today’s car market, and they’ve got in first with a proper barn-storming diesel Q5 before a Range Rover Evoque Sport with perhaps the 3.0 litre V6 diesel or a BMW X3 M40d arrives.
Cadillac launches four-year maintenance program for all 2011 models
Mon, 21 Jun 2010America's luxury brands are seemingly engaging in a game of high-stakes maintenance. Days after Lincoln launched a three-year/45,000-mile program for new cars bought or leased this summer, Cadillac has upped the ante. Cadillac is offering four years or 50,000 miles, besting Lincoln in time and travel.