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Saab seeks partner for new small car, aims to be a contract manufacturer
Fri, 25 Mar 2011Saab is continuing its search for a partner to help it build a new entry-level car and the company also wants to build vehicles for other automakers at its factory in Sweden, Chairman Victor Muller said. "We are talking with other manufacturers to buy a platform or drivetrain technology for this entry-level car," Muller told Automotive News Europe. "It should come as soon as possible, in 2014 the earliest." Muller said the car would be priced at about 20,000 euros, or about $28,300 at current exchange rates.
News watch April 2012: today's auto industry news
Mon, 30 Apr 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.
Next BMW X1 loses inline-six, gets smaller and lighter
Tue, 18 Feb 2014The second-generation BMW X1, expected here in early 2016, is smaller and lighter than the existing first-generation model. The new X1 loses optional six-cylinder power; a new high-output four-cylinder replaces it. A high-ranking BMW manager confirmed the new X1 abandons today's longitudinal engine layout for a version of the new transverse-engine platform the 2-series Active Tourer uses.