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Spyker makes a new offer for Saab; General Motors will evaluate
Sun, 20 Dec 2009Spyker Cars said Sunday it had submitted a new offer for the Saab brand. Spyker CEO Victor Muller said an 11-point proposal had been handed to General Motors addressing each of the issues that arose during due diligence after the Dutch company originally bid for Saab. Muller said the new offer would remove the obstacles that were standing in the way of a swift sale of Saab to Spyker.
Saab gets latest lifeline via $5 million infusion from Chinese company
Tue, 13 Dec 2011Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.
Car Design News to host trio of events around Shanghai motor show
Wed, 03 Apr 2013As the automotive world looks forward to the Auto Shanghai motor show, Car Design News is looking forward to hosting three events prior to and alongside the show: the CDN Interior Motives China Conference; Car Design Awards China; and the official Car Design Night. CDN Interior Motives China Conference Our annual China conference takes place on Thursday and Friday 18-19 April, just before the press day for this year's show, which is on Saturday 20th. Themed ‘Technology and tradition – old meets new in modern-day China', the conference will explore topics including how to design an experience, fashion and luxury in today's China, HMI design and the ‘multi-mode' interior, which flexes with the user's needs.