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Citroen C4 Picasso & C4 Grand Picasso 2011 Facelift
Thu, 02 Sep 2010The 'Facelifted' Citroen C4 Picasso and C4 Grand Picasso 2011 As you can’t have failed to notice – even though it is still a month away – Europe’s second biggest motor show is looming – the Paris Motor Show 2010. And you’d have to have the intelligence of a gnat not to realise that this is the home show for Citroen. So a show is needed.
Goodwood Festival of Speed (2013) the cars of GFoS
Wed, 10 Jul 2013If you’re one of the 150,000 expected visitors at Goodwood for the Festival of Speed this weekend, you’ll be among the first to see a wealth of new performance cars in action on Lord March’s drive. Here’s the full round up of confirmed attendees with links to CAR’s full stories – which are you most excited to see (and hear)? Audi’s Le Mans-winning R18 E-tron Quattro will be driven up the hill by 2013 race winner Allan McNish – check out his pre-Le Mans interview with CAR here.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.