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Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.

'Jag-Landy deal in 2 weeks'

By Tim Pollard Motor Industry 06 March 2008 18:50 It was the story that never happened. Rival media reported that the Jaguar/Land Rover sale would be completed at the Geneva Motor Show earlier this week, but CAR Online spoke to executives close to the deal who said it wouldn’t be for another couple of weeks.‘We didn’t want to over-shadow the products at the show, but to be honest the deal just isn’t done yet,’ said our insider. He said the paperwork and epic detail required on a deal of this scale had created new delays – and revealed that the 4-5 March date had been leaked from the unions, not Ford or Tata.

Mercedes-Benz reveals new V-class

Mercedes-Benz has returned to the luxury MPV ranks with a resurrection of the V-class – the commercial vehicle based multiseat van first introduced to the German car maker’s lineup in 1996. Positioned as an upmarket rival to the likes of the popular Volkswagen Multivan, the new V-class was conceived and developed in a joint-engineering program with the third-generation Vito, which it will be produced with at Mercedes-Benz’s Vitoria factory in Spain. Set to go on sale in Europe shortly after its public debut at the Geneva auto show in early March, the V-class is being considered for sale in the U.S.