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Saab China Deal: Chinese Government support ‘In Principal’

Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.

Kia at the London motor show 2008

Kia Soul Burner: it's a lightly modded version of Kia's new junior Qashqai coming in later 2008 By Gavin Green Motor Shows 23 July 2008 01:32 Expansionist Kia shows no sign of slowing down its forays into the European car market – and the London show provides more evidence of what's to come from the Koreans. What’s new on Kia's London motor show stand?  Nothing. But the Kia people are proffering photos of the new production Soul, set to make its show debut at Paris in autumn 2008.

McLaren shows off its MP4-12C GT3 racer

McLaren GT, comprised of a partnership between the British company and CRS Racing, has unveiled its new GT3 race car based on the forthcoming MP4-12C sports car. This is the first McLaren built for FIA GT racing since the F1 GTR took to the track before production ended in 1997. "McLaren has racing in its blood, and it was a natural step to take our MP4-12C road car and turn it into the most reliable, efficient and easy-to-drive GT3 car," said Martin Whitmarsh, the McLaren Group's chief executive officer.