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Goshen, Indiana, US
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Hyundai Motorsport Facility opens in Germany
Sat, 15 Jun 2013Hyundai’s new Motorsport facility in Germany No one can accuse Hyundai of not taking their return to the FIA World Rally Championship in 2014 seriously. They’re busy preparing an i20 to take on the WRC, starting in Monte Carlo in January 2014, and have now started testing their swift WRC i20 in preparation. They’ve already recruited some impressive names to join their new Hyundai Motorsport GmbH team including Michel Nandan to head up their WRC efforts who has been joined by Frenchmen Bertrand Vallat and Stephane Girad, Alain Penasse, Ernst Kopp and Stefan Henrich.
2014 Mercedes-Benz S-class gets price cut
Mon, 09 Sep 2013The 2014 Mercedes-Benz S-class will start at $93,825 when it arrives in dealerships in October. That’s $2,100 less than last year’s entry-level model. The S550 4Matic, coming in November, will sticker for $96,825, and the rocket-powered AMG will hit your wallet for $140,425.
Saab gets latest lifeline via $5 million infusion from Chinese company
Tue, 13 Dec 2011Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.