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Saab is sold again: two Chinese makers buy Saab
Fri, 28 Oct 2011Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.
The 2011 Volkswagen Touareg rolls out with a new hybrid powertrain
Thu, 11 Feb 2010Volkswagen is banking on the fuel-saving properties of a new gasoline-electric hybrid drivetrain and what it describes as a wholesale improvement in quality levels to bolster North American sales of its second-generation Touareg. This new Touareg represents VW's first foray into the premium-hybrid-SUV market, which includes gasoline-electric entries from BMW, Lexus, Mercedes-Benz and Cadillac, among others. Further competition will come from a similarly powered version of the new Porsche Cayenne, alongside which the new Touareg was developed.
Brazil Grand Prix (2010) RESULT
Mon, 08 Nov 2010Brazil Grand Prix 2010 - the penultimate race of the season No question, Interlagos 2010 was a Red Bull success story. Yes, they’ve made things more difficult for themselves by not having team orders, but a one-two from Vettel and Webber – with Vettel ahead – ties up the constructors world championship in Red Bull’s favour, but leaves the drivers’ championship open. If Red Bull had taken a leaf out of the Ferrari book of driver management – or frankly any other experienced team at this stage of the championship – they would have had Vettel give way to Webber and left themselves at the top of the drivers championship just a point behind third place Alonso going in to the last race.