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Saab go back for another Chinese

Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.

Now the Germans say no to Volvo

As we’ve reported in the last few weeks, Ford has been trying its best to offload Volvo, the last of its ‘Prestige’ Euro marques. The Chinese looked to be the best bet, but it seems that that is going nowhere at the moment (the Chinese are probably waiting for Ford to get in to an even deeper mess with the hope of picking up Volvo for peanuts) and now its seems that Ford’s fire-sale has drawn more blanks. Now the Germans turn down the chance to own Volvo Der Spiegel reports that Daimler (Mercedes-Benz) boss Dieter Zetsche has revealed that Daimler has turned down the chance to buy Volvo, and has also revealed that BMW has had a good look, and reached the same decision.

ENG Automotive Design Summit 2005

 A sunny Stockholm was the venue for the 3rd Automotive Design Summit organised by European Networking Group (ENG) and this year the event, for the first time, was supported by Car Design News. The summit took place April 18-19 in the stylish Clarion Hotel in the heart of Stockholm, close to the 'Gamla Stan' or old town, and was enjoyed by around sixty delegates from the international automotive design community. The two-day summit opened with an interesting introduction by Sebastien Rosel, Product Manager from Dassault Systemes on the new Catia V5 software.