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GM sees no potential buyers for Saab
Thu, 08 Jan 2009General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.
Zagato & CPP in Joint Venture. Really, they are.
Wed, 20 Jul 2011Bentley Zagato - the catalyst for the CPP Zagato deal A couple of weeks ago we reported that CPP – owners of Spyker and Bowler – has quitely gobbled up Milanese Car Design Studio Zagato at some point in 2010. Which made sense. It made sense because it is CPP that builds many of the Zagato cars you can think of.
Audi R8 GT Spyder gets early unveiling at 2011 24 Hours of Le Mans
Sat, 11 Jun 2011The new Audi R8 GT Spyder got an early unveiling outside the Audi Racing Pavillion at the 2011 24 Hours of Le Mans on Friday evening. The 552-hp V10 drop-top rocket uses carbon-fiber panels and a lightened interior to lower weight compared with the standard R8 5.2 FSI quattro Spyder. Audi claims 62 mph arrives in just 3.8 seconds, and the car tops out at 197 mph.