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Infiniti 'gunning for 700,000 sales' - Ghosn

Infiniti is planning to announce a new sales target of 10% global luxury market share - quadrupling sales to 700,000 a year - in a new mid-term statement due this summer. Renault Nissan chief executive Carlos Ghosn told CAR that Infiniti is on line to sell 165,000 cars worldwide in 2011 but said Nissan was investing heavily in its premium division to swell sales considerably. It's an ambitious goal: if successful, Infiniti would be encroaching on the 1m+ territory today dominated by the German luxury brands.

Saab: Turkey’s Brightwell Holdings & China’s Youngman vie for Saab

Will Saab end up in Turkish or Chinese hands? Despite its bankruptcy, it seems China’s Youngman and Turkish equity form Brightwell Holdings ar planning on staging a bid. Saab may be bankrupt – and its car heritage from the Saab Museum up for sale – but that hasn’t stopped interest in Saab as a viable car maker from prospective suitors.

Fiat Panda Cross comes to the UK

By Tom Richards Motor Industry 11 August 2008 13:04 Finally Fiat is launching the Panda Cross in the UK. It's essentially a plastic addenda-clad version of the existing Panda 4x4, but the Cross has so far only been available in mainland Europe. Like the exisiting Panda 4x4 it features a permanent four-wheel drive system and an electronic differential lock, so should you choose to take the fields home, traction won’t be a problem. But the Panda Cross also gets new round front and rear lights, chunky side sills in contrasting colours to the body, new bumpers, 15-inch alloys and a two-tone interior.