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Carroll held hostage by Tesla Model S
Tue, 04 Dec 2012Autoweek's senior online editor Rory Carroll was stranded Tuesday morning by a charger stuck in a Tesla Model S. It won't release from the car, and because of that, the car won't run. He took to Twitter this morning for ideas, but has yet to receive a good one.
SEMA 2008 show report: Chevrolet Camaro
Tue, 04 Nov 2008By Ben Whitworth First Official Pictures 04 November 2008 10:30 Much like Mercedes has done with its GLK at this year’s SEMA show, Chevrolet has turned its Camaro muscle car over to four tuners to see what they come up with. And credit crunch and fuel prices be damned - we like what we’re seeing. A lot.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.