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2015 Volkswagen Passat – the 10 things you need to know
Tue, 27 May 2014What will the 2015 Volkswagen Passat look like? Well, VW has teased us with a set of pictures and various technical details of the all-new Passat, which will go on sale next year. Demand for traditional family saloons has fallen dramatically in recent years, but Volkswagen is going after that section of the car-buying market – as well as the BMW 3 Series and the new Mercedes-Benz C-Class – with its new 2015 Passat.
Dodge Viper takes Nurburgring Record – sort of
Fri, 16 Sep 2011Dodge Viper - new Nurburgring record Back in 2008, the Dodge Viper ACR went to the Nurburgring and proved that cars built in the former Colonies really can go round bends, even bends at the ‘Green Hell’ of the Nurburgring. Not only could the Dodge Viper go round bends, but it made a pretty good fist of blasting down the straights too, culminating in a record-breaking lap of 7:22.1. But since 2008 things have moved on, with even a Lexus LFA posting a ‘Ring time of 7:14.64, so the SRT has returned to the Nordschleife to set about squeezing a bit more out of the Viper.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: 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.