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Oliver Springs, Tennessee, United States
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Saab says asset sale to BAIC gives it cash for a fresh start
Mon, 14 Dec 2009Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.
Ferrari Turns 60...
Tue, 26 Jun 2007By Ben Oliver Motor Shows 26 June 2007 09:52 Happy Birthday to you... Ferrari is celebrating its 60th anniversary with a five-day party at its famous Fiorano test track. More than 1000 Ferraris have descended on Maranello from around the world, including some of the rarest and most valuable road cars.
New Jaguar XE OFFICIALLY launched – price from £27,000
Tue, 09 Sep 2014The new Jaguar XE arrives After months of teasing, years of planning and huge sums of money spent, it’s here – the new Jaguar XE. Looking like a slightly smaller version of the XF, with an upright nose, longish bonnet, coupe-like profile and stubby tail, the XE is clearly a Jaguar – and a fairly conservative one at that – which is probably sensible when entering such a competitive sector as the ‘Premium’ compact saloon market. But the new XE isn’t just a punt for a few sales in a new sector for Jaguar, but a car that could take Jaguar from an interesting maker of relatively low volume cars to a global ‘Premium’ car maker; nose to nose in a very competitive sector with, principally, Audi and the A4, BMW and the 3 Series and Mercedes and the C-Class.