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Honda Civic Tourer stars at the 2013 Frankfurt Motor Show
Tue, 10 Sep 2013It’s been a long time coming, but the production-ready Honda Civic Tourer has finally broken cover, here at the 2013 Frankfurt Motor Show. Offering decent efficiency (probably) with masses of space and practicality (definitely), as well as what Honda is claiming will be a “class-competitive” price, this family-focused compact estate car seems to tick all the boxes. Please click the image above to read more about the Honda Civic Tourer at the 2013 Frankfurt Motor Show
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.
Concept Car of the Week: IAD Alien (1986)
Fri, 06 Dec 2013Established in 1976 as a railway and aeronautical engineering company, Britain's IAD (International Automotive Design) rapidly oriented its expertise towards the automotive industry providing services from design to chassis engineering and even small-scale production. By the mid-80s two concepts had been presented – the TRX and the Arrival – that showed innovative thinking and tastefulness but a little innocuous styling. In an attempt to attract both attention and more clients, IAD CEO John Shute asked his team to design a futuristic concept that was both innovative and different.