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Crunch watch Dec 09: the auto industry in crisis
Wed, 30 Dec 2009Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.
ANALYSIS: The incredible shrinking Alfa stand at the Geneva motor show
Wed, 15 Dec 2010When he talks, Fiat CEO Sergio Marchionne conveys high hopes that the Alfa Romeo brand soon will be a huge business success, but actions often speak louder than words. Fiat has massively reduced the size of the 100-year-old sporty brand's stand at the forthcoming Geneva show. In March, Alfa's stand will shrink to 639 square meters from this year's 979 square meters, which was the second-largest display space among Fiat Group's portfolio after the Fiat brand.
Koenigsegg Agera R claims world speed records
Sat, 03 Sep 2011Koenigsegg Agera R claims world speed records We are constantly amazed at what the three men in a shed in the snow in Sweden that are Koenigsegg Automotive AB can achieve. All the way from the first Koenigsegg, the CC8S, to the very latest, the Koenigsegg Agera we got up close and personal with at Goodwood this year, and it’s bonkers big brother – the Koenigsegg Agera R. From the CC8S to the Agera R, Christian von Koenigsegg has always trod his own, very particular, path to supercar performance.