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Audi R8 V10 Spyder UK debut at world’s biggest Audi dealer

The biggest Audi showroom in the world hosts the UK debut of the R8 V10 Spyder West London Audi covers 190,000 sq ft over seven floors and displays up to 116 Audis together with a 32 bay workshop and massive parking facilities. There will be 100 staff working on site and Sytner – which operates the showroom – expects to see 30,000 customers through its doors in the first twelve months. So of course Audi are going to shout about this new Goliath of a showroom.

Cadillac ELR – a posh Chevy Volt: 2013 Detroit Auto Show

The Cadillac ELR – a range extender Cadillac with the running gear from the Chevrolet Volt – has been revealed at the 2013 Detroit Auto Show. Joining the Chevrolet Volt and Vauxhall Ampera as the third version of GM’s range-extender pitch at the EV market, the two-door Cadillac ELR is a convincing looking offering with swoopy looks, wheels at the corners, a great big nose (that can close for better aerodynamics), dramatic LED headlights, steeply raked screen and lots of sharp creases. The interior of the ELR looks as appealing as the exterior, with lashings of decent leather, digital instruments, Bose sound with noise cancellation, carbon inserts and even powered cupholders.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.