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Jaguar’s XE Launch Exceeds All Expectations

AT a glittering launch event in London Jaguar treated the assembled media to a succession of theatrical and musical acts ahead of the main event – the long-awaited unveiling of its new XE compact executive saloon. The new car is a big deal for Jaguar, as it allows the Brit car maker to go head-to-head with the likes of BMW, Audi and Mercedes in the fiercely competitive compact executive market. Jaguar’s XE is tasked with showcasing a range of new technology that’s expected to be rolled out to other models in the coming years.

Design Contest: Renault Design competition 'Imagine Espace in 2024'

The competition to 'Imagine Espace in 2024' has been won by Romain Gauvin, a fifth-year student at Strate Coll?ge in Paris. Renault Design organized the competition to coincide with the 20th anniversary of the Espace, inviting entries from students at its partner design schools in France (Strate Coll?ge) and Germany (Pforzheim University). "My intention was to design a car that travels on the ground yet feels like it is soaring through the sky, like flying a hang-glider", explains Romain Gauvin.

Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.