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Spyker CFO is set to step down in July as Saab raises more cash
Thu, 02 Jun 2011As Saab Automobile struggles to get back on its feet, Spyker Cars NV announced Wednesday that its chief financial officer plans to resign. Hans Go will step down as statutory director of Spyker effective July 1, Spyker said in a statement today. Saab production restarted last Friday after it received financial assistance from its new China partner, Pang Da.
McLaren turns the corner, posts first profits
Wed, 04 Jun 2014By Tim Pollard Motor Industry 04 June 2014 10:48 McLaren Automotive today announced it had broken even for the first time in its brief three-year history, posting a £4.5 million pre-tax profit in 2013. It's great news for the young supercar brand, which until now has lost money every year. McLaren's turnover was £285m, up from £267 in 2012, as it increased production towards its long-term goal of 4000 cars a year.
Kia K9 launches in Korea
Wed, 02 May 2012Kia K9 launches in Korea Kia’s new range-topping saloon car – the Kia K9 – has launched in Korea and will launch overseas – with a new name – later in 2012. Kia’s most impressive – and certainly most ambitious - new car has launched in Korea and goes on sale today. But it’s extremely unlikely, even with a change of name from Dr Who’s robotic dog, that we’ll see it in the UK.