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NEVS completes Saab purchase
Tue, 04 Sep 2012National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.
Change afoot at Saab as CEO retires: where next?
Mon, 28 Mar 2011Click here to see all 2011 Saab articles Saab CEO Jan Åke Jonsson announced his retirement on Friday. It was yet another small but significant news nugget from Saab – the inbox has buzzed with announcements ever since the bankrupt car maker was saved by an independent takeover on 23 February 2010. The news that Saab's veteran CEO is stepping down makes us wonder what life's really like under the bravado of Europe's newest independent car maker.
Vauxhall Insignia VXR – UK Debut at Goodwood
Tue, 23 Jun 2009Vauxhall Insignia VXR makes its UK public Debut at the Goodwood Festival of Speed The Vauxhall Insignia VXR was revealed in April as a 325bhp version of the very good Insignia. Featuring adaptive four wheel drive and an electronic limited slip diff., the handling is also aided by a 10mm lower suspension setup than the standard Insignia, and HiPerStrut front suspension which keeps torque steer in check. Vauxhall XVR Concept The Insignia VXR manages the 0-60 sprint in 5.8 seconds and a limited top speed of 155mph.