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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’
Thu, 13 Oct 2011Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.
Lincoln opens first dedicated design studio for 40 years
Fri, 19 Oct 2012Ford has opened the first dedicated Lincoln design center for 40 years in Dearborn, Michigan, as part of its ongoing brand reinvention. Last August Ford announced it would be creating the studio for its luxury brand as well as increasing spending, giving it unique interiors and powertrains in an effort to differentiate it from the core Ford offerings. The Lincoln Design Studio has been built on the campus of Ford's Product Development center and houses designers, sculptors, modelers and engineers who make up part of a larger Lincoln Product Development team that will create four new Lincoln vehicles by 2015.
Roewe 550 - the next MG?
Tue, 22 Apr 2008By Keith Adams Motor Shows 22 April 2008 12:53 The new Roewe 550 unveiled at Beijing this week is Shanghai Automotive Industry Corporation’s promising new mid-range hatch, but could yet turn into the next MG saloon - and be built in Europe. Although it doesn’t look like a groundbreaking effort, the Roewe 550 is one of the Beijing motor show’s hottest debutants. Designed as SAIC's successor to the Rover 45, the car has been designed and engineered in Britain by ex-MG Rover engineers.