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Ssangyong XIV-2 Concept – it’s a convertible compact SUV

The Ssangyong XIV-2 Concept will debut at Geneva Ssangyong has rolled out the second version of their XIV Concept – the XIV-2 – a convertible compact SUV. Debuts at Geneva. When Ssangyong rolled out the concept that seemed to take its inspiration for its name from a Gerry Anderson feature – the XUV-1 – we thought it a good way to go to revive the fortunes of Ssangyong.

New Jaguar XJR UK debut next week

The New Jaguar XJR (pictured) gets its UK debut at Moto Expo 2013 Lovers of powerful XJs were delighted discover that a new Jaguar XJR, which debuted at the New York Auto Show in April, will finally give them a properly sporty XJ, rather than the somewhat compromised SuperSport version of the current XJ with the 5.0 litre Supercharged engine. Jaguar has kept faith with the history of the XJR by giving the new model a subtle ‘Sporty’ makeover with only gentle go-faster bits – like ‘R’ badges, new alloys, quad tailpipes, small boot spoiler, front splitter and a subtle body kit – so the new XJR looks purposeful, rather than looking like its been dipped in a Halfords bargain bucket. The real changes come under the skin, with the new XJR getting the 542bhp version of the 5.0 litre supercharged engine, tweaked dampers and spring rates, refined active diff and DSC and new shift patterns for the 8-speed auto box.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: 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.