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Saab files for bankruptcy: the end of the Swedish saga
Mon, 19 Dec 2011Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.
Maserati GranCabrio UK debut
Fri, 02 Oct 2009Jodie Kidd at the UK launch of the Maserati GranCabrio We have no problems with how it looks. It doesn’t disappoint in the way so many cabrios do – it’s still elegant and stylish even if a four-seat cabrio from Maserati seems a bit incongruous. But now the 175mph cabrio is here, Maserati are rolling out what they can in the way of publicity.
Mercedes plans electric version of SLS AMG supercar
Fri, 10 Jul 2009Huge news at Mercedes-Benz: Engineers from its AMG performance-car offshoot are developing a plug-in electric version of the upcoming SLS supercar as part of a broad-based efficiency program to place the automaker at the leading edge of socially acceptable performance-car motoring. Tentatively planned for production in 2015, the new zero-emission supercar draws heavily on the production version of the yet-to-be-fully-revealed SLS scheduled to get its first public outing at the Frankfurt motor show on Sept. 15.