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Saab China Deal: Chinese Government support ‘In Principal’

Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.

Peugeot Releases Special Edition RCZ With All The Trimmings

FLUSHED with the success of its racy RCZ sports coupe, Peugeot has launched a ‘Red Carbon’ LE special edition model. Combining high specification, bespoke trim and ‘Red Carbon’ badging, the car is distinguished from the regular RCZ models by a red-stitched interior. Limited to 300 models, the ‘Red Carbon’ LE is derived from the regular Sport model.

UK car production jumps as Europeans buy British

The UK’s car production jumped by 12% last month as demand from Europe for British-built cars increases. Nearly 80% of cars made in the UK are exported worldwide, and 142,158 were produced in March 2014 – compared to 126,909 in March 2013. Official: UK car production is booming UK car production hits six-year high That means so far this year the UK has built 404,803 cars, a rise of 2.9% compared to this time last year.