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Brooklyn, New York, United States
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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.
Saab: Muller used Antonov money to purchase Saab
Thu, 01 Dec 2011Vladimir Antonov provided the finance for Victor Muller to buy Saab Victor Muller has told Swedish TV that the money he used to buy Saab was funded by alleged fraudster Vladimir Antonov. In a revelation that will surprise no one, Saab ‘owner’ Victor Muller has revealed that the $74 million paid to GM when Spyker (as they then were) bought Saab was supplied to one of Victor Muller’s companies by Snoras Bank refugee Vladimir Antonov. Muller revealed this little nugget of information in an interview due to be televised in Sweden tomorrow, and also revealed he still owed the money (well, the company he owns still owes the money).
Lotus Evora S and IPS (2010) first news
Fri, 27 Aug 2010Lotus has given us the first details of the new more powerful 345bhp Evora S ahead of its debut at the 2010 Paris motor show. It was only last week when we spied the range-topping Evora being put through its paces at the 'Ring, and this news confirms our earlier scoop story. We predicted that the Evora S would push out more than 350bhp, and...