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GM, Koenigsegg sign deal on Saab sale
Tue, 18 Aug 2009General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.
Bentley & Lamborghini SUV on hold?
Thu, 11 Oct 2012Reports today say that VW is planning to put the Bentley SUV and Lamborghini Urus SUV on hold as VW fights to cut costs. Despite still strong sales, VW is now forecasting lowered sales going forward than previously expected and looking at ways to keep costs in check until the economy starts moving in the right direction again. And one of those cuts seems to be the launch of luxury SUVs by Bentley and Lamborghini.
Jaguar C-X75 Hybrid Supercar back in the spotlight
Tue, 25 Jun 2013Jaguar release new photos of the C-X75 Supercar A few days ago we heard that the hybrid underpinnings of the canned Jaguar C-X75 were going to find their way in to the F-Type to produce a 700bhp monster. We had our doubts about that, but it does seem clear that Jaguar are not going to let the C-X75 just disappear in to oblivion. For reasons probably known only to Jaguar, they’ve suddenly decided to release a new set of photos (above) of the very good looking C-X75 in a fetching shade of blue – a better look than the pale metallic paint job on all the photos we’ve seen so far – despite the project being shelved.