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Vauxhall Corsa SRi

By Tim Pollard Motor Shows 08 June 2007 08:40 Vauxhall Corsa SRi: the lowdown Can't afford the VXR, but want something to spice up your Corsa? Vauxhall, or rather sister company Opel, unwrapped a new junior hot hatch at this week's Barcelona Motor Show. The new SRi model has many of the VXR's styling cues, but with a more wallet-friendly, lower-powered turbo engine.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Mercedes S Class production cut as sales fall

Mercedes is cutting production of the range topping S Class to a one shift operation as sales fall ahead of the new 2013 S Class. But there are now plenty of signs that even premium car makers are not immune from the economic climate – particularly in Europe – as sales start to slide. We recently commented that Jaguar sales are not as strong as they were and now it seems Mercedes is starting to feel the punch as sales of the range-topping S Class falter.