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Saab China: Deal to sell Saab to Youngman & Pang Da is already in trouble

Will GM stop the sale of Saab to China? Selling Saab to China was always going to be fraught with difficulties. The initial deal Victor Muller seemed to have brokered with Youngman and Pang Da was to sell a majority stake in Saab for €245 million but leave Victor Muller in charge.

Hyundai & Kia to spend up to $395 million on lump sum fuel settlements

Hyundai & Kia to spend up to $395 on lump sum fuel settlements Back in 2012, Hyundai and Kia had to stand up and accept that they’d overstated the official economy of a number of their models and attempt to put things right. They did that by offering all buyers of affected cars a compensation plan which repaid owners for their losses over expectation, added 15 per cent for good measure and made that ongoing for the lifetime of the ownership. But this is the USA, so it wasn’t all as straightforward as that.

SEAT Alhambra (2010 / 2011) revealed

SEAT has revealed the 2011 Alhambra After we had the official reveal of the 2010 VW Sharan last month at Geneva, it’s not a huge shock that we now get the reveal of SEAT’s version of the Sharan – the SEAT Alhambra. We don’t think SEAT had planned on revealing the Alhambra quite yet, but there are undisguised spy shots flying around the Interweb so they obviously decided to be pragmatic and send out some info – and pictures – earlier than planned. Just like the Sharan, the latest Alhambra is an all new job based on VW’s new flexible MQB platform so, just like the Sharan, the Alhambra is wider and longer than the current model, but also weighs less.