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Shenzhen, China
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New car sales surge again
Fri, 04 Oct 2013NEW CAR sales have risen again in September thanks to rapid growth in demand from private buyers, according to statistics released today. The Society of Motor Manufacturers and Traders (SMMT) said that a rise of 16.7% in the private sector helped to drive a ‘super September’ that saw overall sales rise by almost 11% over the same month last year. The new 63 registration plate has helped drive customers to showrooms across the country, with the latest breed of fuel-efficient, smooth and quiet petrol engines selling particularly strongly.
Saab reportedly bought by Chinese-led consortium
Fri, 08 Jun 2012A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.
McLaren upgrades MP4-12C for 2013
Thu, 07 Jun 2012The McLaren MP4-12C supercar will get a bevy of updates for 2013, and current 12C owners will have access to most of them at no charge. First and most importantly on the list is a power increase, from 592 hp to 616 hp, a 24-horse bump through engine-remapping. The boost in power helps pull the McLaren to a 10.6 quarter-mile, one-tenth of a second faster than in the previous year model.