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BMW X4 debut at Detroit 2013
Mon, 12 Nov 2012The BMW X4 – a coupe version of the X3 aimed at the Range Rover Evoque and Porsche Macan – will debut at the 2013 Detroit Auto Show. The BMW X4 – a baby X6 – has been on the cards for some time. We first reported BMW were planning on building a coupe version of the X3 in early 2010 and by late 2010 we were hearing that BMW had signed off the X4 for production.
Porsche 960 & Porsche Pajun on the way
Thu, 19 Jul 2012A Porsche source has confirmed that Porsche are working on a smaller Panamera – the ‘Pajun’ – and a mid-engined Porsche 960. Now that Porsche has finally become part of VW, it can move forward with its plans to fill every supercar niche in the same way Audi is in a mission to fill – and create – every premium car niche. With two new models already officially confirmed as on the way – the Porsche Macan (a smaller Cayenne) and the Porsche 918 – Porsche’s minds are now firmly focused on the next two new models from Stuttgart – the eighth and ninth models in the range.
Spyker attempting to sell Saab real estate in money-raising move
Tue, 12 Apr 2011The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.