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Saab parent company to sell Spyker luxury brand to U.S. firm
Thu, 29 Sep 2011Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.
Ford Focus 1.0 litre Ecoboost arrives
Mon, 30 Jan 2012The 1.0 litre Ecoboost engine arrives in the 2012 Ford Focus Ford has announced that the new Focus is now available with the 1.0 litre Ecoboost 3-cylinder engine in 100 PS and 125 PS options. Back in September, Ford revealed that it planned to install its new pocket-sized engine – the new 3-cylinder 1.0 litre Ecoboost – in to the new Ford Focus, giving the Focus the power of a naturally aspirated 1.6 litre petrol, but with improved economy and lower emissions. And now it’s arrived.
Future products: From electrics to sedans, Audi prepares to enter new niches
Tue, 21 Sep 2010Audi is planning to jump into several new segments. Next year it will add the coupe-styled A7 sedan to compete with the Mercedes-Benz CLS and Porsche Panamera sedans. The all-new Q3 small crossover goes into production next year in Europe but won't get to the United States until 2013.