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Saab China: Deal to sell Saab to Youngman & Pang Da is already in trouble
Sat, 05 Nov 2011Will 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.
Spyker confirms new Saab 9-3 coming in 2012
Tue, 02 Feb 2010Spyker, Saab’s new supercar-building owner, has outlined its plans for the brand – which include a new 9-3 range – ahead of an extraordinary general meeting on 12 February where it hopes its shareholders will ratify its purchase of the ailing Swedish car company. If it gets the green light, Spyker and Saab will be renamed as Saab Spyker Automobiles NV – though each company will operate separately – and Saab will be positioned as 'an independent performance-oriented niche car company with an industry-leading environmental strategy'. Up first is the new 9-5 – which will be launched this summer – followed by an Estate version and an Audi Allroad-aping 9-5X. The new Cadillac SRX-based 9-4X SUV will arrive in early 2011, and Spyker is plotting the new 9-3 a year later.
Toyota Yaris Hybrid, GT 86 & new Toyota FT-Bh Concept at Geneva
Fri, 10 Feb 2012Toyota's offerings at Geneva 2012 The Toyota Yaris Hybrid, Toyota GT 86 and a new compact city car concept – the Toyota FT-Bh – will be at the Geneva Motor Show next month. Toyota has a stand full of cars to offer at the 2012 Geneva Motor Show, with the European debut of the GT 86, the Yaris Hybrid, and the world debut of a new concept – the FT-Bh Concept. We already know the price of the Toyota GT 86 – a starting point of £25k – and we’ve seen the photos, so now all that’s left is to see the GT 86 in the flesh.