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News watch November 2011: today's auto industry news
Tue, 29 Nov 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.
Ford opens proving grounds to the public
Thu, 06 Oct 2011For the first time ever, Ford is opening its Dearborn, Mich., proving grounds to the public on Oct. 15. Ticketholders to the Get Your Heart Racing event can take hot-lap ride-alongs around the test track with professional drivers Tanner Foust and Parnelli Jones.
Volvo Concept Estate previews upcoming V90 wagon
Tue, 25 Mar 2014We flipped over the Volvo Concept Coupe at Frankfurt. We praised the XC Concept Coupe at Detroit. But the Volvo Concept Estate is the member of Volvo's recent show trio that finally reduced us to a large petri dish's worth of gibberish-spouting goo.