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In pictures: proof that Saab will rise again
Thu, 19 Sep 2013"NEVS SAAB car No1" is a slightly clunky and unlikely sentence to put on a dot matrix display, but for legions of Saab fans the world over, it's a definite reason to be cheerful. Because at 13:22 Central European Time on Wednesday 18th September 2013, a pre-production Saab 9-3 rolled off the production line in Trollhättan. It's the first car to do so since the marque’s collapse in 2011.
Geely Englon TXN (w/ Gallery)
Tue, 13 Apr 2010Geely is poised to show 39 new vehicles at the forthcoming Auto China 2010 motor show in Beijing, among them will be this new TXN taxi. While most of the new cars on show won't be built around entirely new sheet metal - some will feature new powertrains, for example - the Englon TXN is indeed all-new. Sitting in Geely's Englon range, a sub-brand initially created for the taxicab, the TXN is intended as a replacement for the aging TX4 built by British automaker LTI (as well as at Geely's Shanghai Maples factory).
Italian firm buys stake in Aston Martin
Fri, 07 Dec 2012The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.