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Wheels for Sale
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Saab owner and Chinese investors continue talks regarding takeover deal
Tue, 15 Nov 2011Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.
Supercar owners hire runway to find top speed
Wed, 14 May 2014“What’s the point of owning a supercar,” some might say. “You’ll never be able to reach its full performance potential on the road.” And while that’s true, there is an alternative to risking your driving licence if you buy a car like the new McLaren 650S or Lamborghini Huracan. Essentially, someone hires a private runway, and invites a load of supercar owners to drive as fast as they can before running out of tarmac.
McLaren MP4-12C: The build begins +video
Wed, 02 Feb 2011First McLaren MP4-12C being built You could be forgiven for thinking that McLaren had already started building their Ferrari 458 challenging car – the McLaren MP4-12C. After all, it’s been turning up all over the place for at least a year, and we even had a good view of the Volcano Orange MP4-12C from Goodwood as it passed us en-route to strut its stuff up the Goodwood Hillclimb last year. But the cars we’ve seen so far – even the Volcano Orange MP4-12C from Goodwood – were prototypes; McLaren’s running test beds for tweaking and refining the MP4-12C before the first cars reach customers this year.