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Read the Spyker Cars press release announcing the purchase of Saab from GM
Tue, 26 Jan 2010PRESS RELEASE: GENERAL MOTORS AND SPYKER CARS REACH AGREEMENT ON SAAB -- GM and Spyker Cars announce a binding agreement over the transfer of ownership of Saab -- Terms are agreed and the deal is expected to close in February -- Saab's future as an independent company is secured -- Saab will exit the orderly wind-down process -- Spyker shareholders will restructure at closure of the deal -- Swedish Government issues guarantee in favour of EIB ZEEWOLDE, The Netherlands (26 January, 2010) -- General Motors Company and Spyker Cars N.V, today confirmed the details of a binding agreement over the transfer of ownership of Saab Automobile AB of Trollh
Jaguar to develop luxury brand with China’s Chery to get NDRC approval
Wed, 07 Dec 2011A Jaguar-based Chery for China on the way Reports from China say that Jaguar is to develop a new luxury sub-brand with putative Chinese partners Chery Automobile to get NDRC approval for a Joint Venture. We’ve reported on speculation about Jaguar Land Rover’s efforts to form a joint venture in China to gain access to the most important car market in the world quite a bit this year. And now it looks as though that joint venture is getting closer, with reports that Jaguar and Chery Automobile are to develop a new luxury brand for China based on Jaguar’s cars.
2011 Nissan GT-R gets 3 years free servicing
Thu, 02 Jun 20112011 Nissan GT-R - oily bits sorted for free The 2011 Nissan GT-R is an astonishing car. It’s also a real bargain in comparison to any other supercar. And be in no doubt, the GT-R is a supercar.