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Spyker said to be General Motors' only candidate to buy Saab
Wed, 06 Jan 2010Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.
Hyundai i20 (2015): the first design renderings
Fri, 01 Aug 2014By Tim Pollard First Official Pictures 01 August 2014 04:30 Hyundai today issued this pair of design renderings of the new i20, revealing a supermini with even more aspirations to be German. With shades of mini Golf in both the front and rear design sketches, the new 2015 Hyundai i20 looks more European than ever. This, of course, should come as no surprise, since the new i20 has been styled at Hyundai Motor’s Design Centre Europe in Rüsselsheim, Germany.
BMW will build electric cars in Leipzig
Mon, 22 Feb 2010BMW AG will produce its electric-car range at its plant in Leipzig, Germany, the automaker said on Monday. In addition, BMW factories in Wackersdorf and Landshut, Germany, will produce parts for the so-called Megacity Vehicle. “The BMW Group will build the car of the future in Leipzig with high-tech innovations from Bavaria,” BMW CEO Norbert Reithofer said in a statement.