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Saab's plan to become a successful indy car maker
Tue, 14 Jul 2009By Tim Pollard Motor Industry 14 July 2009 09:24 Saab has spelled out to CAR its vision of being an independent car maker double the size of Jaguar. Saab is in the process of separating from GM, as part of the seismic restructuring underway at the car maker previously known as the world's biggest. The final details of Saab's future ownership should be announced in the next few weeks.
Saab owner and Chinese investors continue talks regarding takeover deal
Tue, 15 Nov 2011Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.
Alfa Brera & Alfa Spider get new engines and Italia Independent trim
Sat, 15 May 2010The Alfa Brera & Alfa Spider get new engines and a new trim option Alfa Romeo introduced new engine options last year on the Alfa 159 – the 1750iTBi Petrol engine and the 2.0 litre JTDm diesel – which are now about to find their way in to the Alfa Brera and Alfa Spider. Which is a far from bad move. The 1750i Turbo manages to deliver 200bhp and a decent amount of torque – 236lb/ft from only 1400rpm – which makes it distinctly brisk – 7.7 & 7.8 seconds respectively to 62 mph for the Brera and Spider.