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Ferrari launches 12-year Power Warranty
Fri, 11 Apr 2014Have you managed to save enough pennies for a new Ferrari 458 Italia, only to find yourself reluctant to take the plunge? Perhaps you’re fearing the ongoing cost of running such a thoroughbred supercar, you know, should things go wrong. But worry no more, because Ferrari has launched a new ‘Power Warranty’.
Saab calls off deal with Chinese automaker
Thu, 12 May 2011Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.
Jaguar Land Rover China: New brand and new models
Thu, 27 Oct 2011Jaguar Land Rover - new models and brand with Chery JV in China It’s been clear for some time that Jaguar Land Rover are eager to cement a joint venture (JV) with a Chinese car maker so they can have a beachhead in to China’s rapidly growing car market. And that JLR JV seems almost certain to be with Chery. Part of the deal for Western car companies seeking to do business in China is not just a partnership with a Chinese company, but a sharing of technology and a range of cars badged up with the Chinese partner company’s brand.