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Rolls Royce bucks the downturn

[ad#ad-1] All we seem to have written about recently is the doom and gloom in the car industry. Bail-outs begged for, production shut-downs, low sales and lay-offs. But one manufacturer seems to be defying the odds, and has just posted record sales figures for the year.

Saab signs deal with second China partner

Saab has agreed to China's Zhejiang Youngman Lotus Automobile Co. taking an equity stake in the company as part of a distribution and manufacturing joint venture. Saab and its owner Spyker Cars NV signed a deal with Chinese car distributor Pang Da in May worth up to 110 million euros that involved setting up a joint venture with Spyker and a partner in China to start making Saabs in China within two years.

BMW X4 to launch at New York Auto Show in April

BMW X4 to launch at New York Auto Show in April The surprising success of the coupe version of the BMW X5 – the BMW X6 – made it highly probable that BMW would pull a similar trick with the X3 by building a coupe version of their smaller SUV. That probability became a certainty when BMW revealed a the BMW X4 Concept at the Shanghai Motor Show, looking just like an X6 on a boil wash. Although BMW didn’t give any major details about what goes under the X4′s bonnet, it’s safe to assume the X4 will come with a similar engine lineup to the X3, an interior that’s also similar and a price point that’s a bit higher.