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Ssangyong relaunches brand with Giugiaro-designed Korando
Wed, 13 Oct 2010Korean brand Ssangyong is back from the dead. After looking odds-on favorite to become another automotive casualty of the global recession after Chinese owner SAIC put it into receivership in early 2009, the 4x4 specialist has found a new owner in 2010 – signing a memorandum of understanding with Indian company Mahindra & Mahindra in August – and has just re-launched its brand with a new car designed by Giugiaro. The fourth-generation Korando mid-sized crossover – prefaced by the C200 concept shown at the April 2009 Seoul motorshow – is due on sale in January 2011 pending the expected completion of the Mahindra deal in November this year.
Pininfarina to close manufacturing operations
Thu, 13 Oct 2011Italian design and manufacturing house Pininfarina S.p.A announced it will be cutting back its operations, with the closure of its manufacturing facilities. The decision will see the brand now focusing solely on design and engineering aspects for the automotive industry. The move follows the recent completion of a partnership with Volvo, which saw the production of the C70 convertible at Pininfarina's Sverige AB plant in Uddevalla.
Europe inches towards CO2 deal
Mon, 24 Nov 2008By Tim Pollard Motor Industry 24 November 2008 17:29 The European Union is close to agreement on a radically lower CO2 limit to apply to all new cars, diplomats indicated today. The EU’s 27 governments are set to agree a Europe-wide limit of 130g/km as a new-car average by 2015, according to sources in Brussels. The deal is likely to start from 2012, with full compliance three years later.