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Mercedes-Benz Concept S-class coupe bows at Frankfurt motor show
Tue, 10 Sep 2013Mercedes-Benz previewed its upcoming S-class coupe at the Frankfurt auto show, revealing this lightly veiled concept car. Set to replace the 7-year-old CL, the muscular-looking two-door teases the production model, planned to be rolled out at the Detroit auto show in January. U.S.
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.
Lorinser debuts 2014 Mercedes-Benz S-class
Wed, 04 Dec 2013Brabus and AMG aren't the only tuning houses fielding their own versions of Mercedes-Benz cars, and during this week's Essen Motor Show German tuning house Lorinser unveiled their version of the new W222 Mercedes-Benz S-class. Lorinser has been tuning Mercedes-Benz automobiles since 1976 (and they've been selling them for more than 80 years), though their tuned cars not often seen on our shores. But Lorinser's upgrades to the S-class cars of the last 20 years have been well received in Europe.