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Mazda Takeri Concept (new Mazda6) European debut at Geneva
Tue, 14 Feb 2012The Mazda Takeri Concept will get its European debut at Geneva 2012 The Mazda Takeri Concept – which previews the new Mazda 6 – gets its European debut at the Geneva Motor Show. Lots of new photos. It’s only a couple of months since we first saw the Mazda Takeri Concept – at the Tokyo Motor Show in December – and now Mazda are giving the Takeri a European outing with a debut at the Geneva Motor Show next month.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: 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.
Porsche Panamera (2009): first official photos
Mon, 24 Nov 2008By Tim Pollard First Official Pictures 24 November 2008 09:00 Today's launch of the new Porsche Panamera is a timely reminder that Porsche is no stranger to controversy. It is happiest pursuing mechanical layouts others deem impossible, turning gamekeeper and buying Volkswagen outright, and laughing in the face of cynics who deplore Porsche-badged off-roaders. The new Panamera sports saloon is going to reignite plenty more controversy, trust us.