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Jaguar XFR with supercharged V8 at the Detroit auto show
Fri, 09 Jan 2009Jaguar is expanding the XF range for the 2010 model year with the addition of the high-performance XFR which has been unveiled at the Detroit Auto Show Lurking under the hood is a supercharged version of Jaguar's new 5.0-liter direct-injection V8. For the XFR, this engine is rated at 510 hp and 461 pounds-feet of torque. That power is routed through a six-speed automatic transmission.
GM sees no potential buyers for Saab
Thu, 08 Jan 2009General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.
Saab signs deal with second China partner
Mon, 13 Jun 2011Saab has agreed to China's Zhejiang Youngman Lotus Automobile Co. taking an equity stake in the company as part of a distribution and manufacturing joint venture. Saab and its owner Spyker Cars NV signed a deal with Chinese car distributor Pang Da in May worth up to 110 million euros that involved setting up a joint venture with Spyker and a partner in China to start making Saabs in China within two years.