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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’
Thu, 13 Oct 2011Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.
Saab is sold again: two Chinese makers buy Saab
Fri, 28 Oct 2011Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.
Porsche Panamera Turbo S: Official
Wed, 30 Mar 2011The Porsche Panamera Turbo S is now official Yesterday we reported that Porsche was about to reveal a new halo at the top of the Panamera range – the Porsche Panamera Turbo S. And today they’ve obliged. And it looks like we got pretty much everything right.