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Jaguar to develop luxury brand with China’s Chery to get NDRC approval

A Jaguar-based Chery for China on the way Reports from China say that Jaguar is to develop a new luxury sub-brand with putative Chinese partners Chery Automobile to get NDRC approval for a Joint Venture. We’ve reported on speculation about Jaguar Land Rover’s efforts to form a joint venture in China to gain access to the most important car market in the world quite a bit this year. And now it looks as though that joint venture is getting closer, with reports that Jaguar and Chery Automobile are to develop a new luxury brand for China based on Jaguar’s cars.

Victor Muller on Saab escapade: 'Painful'

Reports say that the Swedish government wants to question former Saab chairman Victor Muller as part of an inquiry into suspected tax offenses at Saab. Muller defended payments he received from the automaker in a recent interview with me and talked about how he has moved on from painful memories of Saab. The Dutch entrepreneur rejected criticisms that his 600,000 euro ($773,000) annual pay package at Saab was too large.

Sebastian Vettel keeps Infiniti happy

Sebastian Vettel drives an Infiniti G37 on track It must be a dream lifestyle for any 23 year old man. Driving fast cars in glamorous locations, and being paid a shed-load of money to do it. True, the sybaritic and hedonistic lifestyles enjoyed by F1 drivers in the ’60s and ’70s have long gone, to be replaced by workouts, mineral water and early nights.