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General Motors to shut down Saab
Fri, 18 Dec 2009General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.
Infiniti G to get Mercedes engine
Thu, 08 Apr 2010Infiniti’s volume line, the G series, will get a Mercedes-Benz engine as part the global alliance between Daimler AG and Renault-Nissan, the story AutoWeek blew wide open at the end of March. Carlos Ghosn, CEO of Renault SA and Nissan Motor Co., said the G will use a Mercedes inline four-cylinder from Daimler to improve fuel economy and cut emissions. He didn’t say when the engine would reach Infiniti production lines or indicate the extent to which it will replace Japanese-made four-cylinder and V6 engines used in the G sedan and coupe.
Ford to reveal 'post-kinetic' design in Detroit
Wed, 03 Dec 2008It appears the NAIAS in Detroit will not be a complete wash in terms of new designs. Ford, for example, is poised to reveal the next phase in its global design language at the automaker's press conference on January 11th. According to J Mays, the automaker will unveil a new mid-sized vehicle which will 'be a big step in the global design DNA' for the company.