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General Motors EN-V to be branded Chevrolet
Thu, 13 Oct 2011Chevrolet was gifted a centennial birthday present today, with parent company GM announcing that its 2030 Vision concept would carry the bow-tie badge. The youthful orientation and entry level positioning of Chevrolet within the GM portfolio subtly earmarks the intended audience for the EN-V, with the device being billed as an inexpensive and attainable urban mobility vehicle. "The EN-V has the potential to reinvent transportation in key markets by creating a new vehicle DNA through the convergence of electrification and connectivity," said Chris Borroni-Bird, GM's director of Advanced Technology Vehicle Concepts.
Aston Martin signs Christian Klien as final factory driver
Wed, 23 Mar 2011Ex-Formula One driver Christian Klien has completed Aston Martin Racing's factory driver lineup, the team said on Wednesday. He will join his new teammates in the all-new LMP1-class 007 AMR-One in the 24 Hours of Le Mans. Klien competed in 49 F1 races since 2004 and drove for Peugeot in Europe's Le Mans Series, and in 2008, he had both the fastest lap and finished third in the 24 Hours of Le Mans.
Saab: China’s Youngman submits new $2 billion offer
Mon, 20 Feb 2012Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.