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Saab calls off deal with Chinese automaker
Thu, 12 May 2011Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.
Peugeot puts RCZ designer on Twitter
Fri, 18 Jun 2010Like many automakers, Peugeot is now making conspicuous use of social media platforms as a component in its new car launch campaigns and in order to manage customer relations online. For its new RCZ coupe, Peugeot in the UK has been running a social media campaign under the strap line "It chooses you", with associated Twitter and Facebook accounts – which culminated with a member of the public winning an RCZ last week. For auto designers, there was little interest in the campaign up until last week, when Peugeot put RCZ designer Boris Reinmöller behind a computer terminal and opened him up to a public Q+A session through its Twitter account.
Toyota Yaris HSD Concept (2011): full photo gallery
Mon, 04 Apr 2011Toyota’s goal is to offer a hybrid powertrain in every one of its European models ‘as early as possible in the 2020s’. That means electrified drivetrains in everything from the Avensis to the Auris, and everything from 4x4s to sports cars in between. The Auris HSD (Hybrid Synergy Drive) was the first mainstream Toyota model to gain hybrid power in 2010, and up next is the new-generation Yaris.