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Saab turns down takeover offer from Chinese investors
Fri, 21 Oct 2011Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.
Saab targets German luxury foes with a new 9-5
Wed, 16 Jun 2010The redesigned 2010 Saab 9-5 Aero sedan is big, filled with technology, and designed and engineered to compete with the Audi A6 and the Mercedes-Benz E-class sedans. “The new Saab demonstrates that we are alive and kicking,” said Victor Muller, CEO of Spyker Cars NV, the Dutch sports-car maker that purchased Saab from General Motors Co. in February.
Is this the new Hyundai ix35? Apparently not.
Fri, 20 Jul 2012We have another photo of what seems to be a new Hyundai ix35 (or a facelift). But it’s not. Last week we had what we thought was a photo of a 2013 facelift for the Hyundai ix35, snapped in Korea and with what appeared to be a new Santa Fe-esque nose on the front.