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Hyundai confirms luxury Genesis Brand to take on Lexus & Infiniti
Tue, 25 Oct 2011Hyundai are planning to launch the Genesis Brand (Hyundai Veloster pictured) The rise and rise of Hyundai (and Kia too) has lead to speculation for some time that the next stage in their evolution is a proper luxury brand to take on Infiniti and Lexus, and it’s now confirmed that Hyundai will be launching the ‘Genesis’ brand within two years. Not to be confused with the ‘Not for the UK’ Hyundai Genesis, the Genesis brand will be a range of cars from Hyundai offering real competition for the luxury brands from Nissan and Toyota, but with a dose of Hyundai pricing and warranty thrown in to the mix. Hyundai’s product manager in Australia – Roland Rivero - has come out and confirmed that the Genesis brand is in the making and will initially – at least in Australia – offer two RWD cars.
Saab gets more cash from China partner
Wed, 01 Jun 2011Saab has received another cash boost from its new China partner Pang Da with an additional order for 630 cars, worth 15 million euros or $21.7 million at current exchange rates. The order comes on top of an order for 1,300 cars worth $43.3 million (30 million euros) received by Saab from Pang Da in May. The Chinese company will pay in advance for the order and delivery of the vehicles will start in the third quarter, Saab said.
Bentley Continental V8 flies in to Munich (video)
Fri, 10 Feb 2012The Bentley Continental V8 flies across Munich The Bentley Continental V8 made a dramatic public debut in Munich when it was flown to the SkyLounge for its launch. The plan to debut the new Bentley Continental V8 (apparently we shouldn’t call it the Continental GT V8, just the Continental V8) in Germany in Munich’s SkyLounge might sound like a perfectly reasonable thing to do. After all, every car maker needs a ‘venue’ for a launch to make an impact, and something called the ‘SkyLounge’ sounds like it might make a good backdrop for Bentley’s newest toy.