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News watch October 2011: today's auto industry news
Mon, 31 Oct 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
Nissan future products: Focus is on technology
Fri, 19 Aug 2011Nissan Division will be focused for the next few years not just on how to move its product line forward but also how to produce it less expensively. As the company embarks on a multiyear wave of new technologies and a brand-marketing campaign focused on innovation, it also is looking to bring down manufacturing costs through platform sharing, modular components and common parts. The first example of this new process is the redesigned Versa sedan, which will be assembled in Mexico.
A Very Merry F1 Christmas!
Thu, 25 Dec 20082008 has been a pretty eventful year in Formula 1. Lots of highs and lows; arguments over penalties for some drivers and not for others; new venues with stunning facilities and some pretty impressive racing to boot. Which should give F1 Supremo Bernie Ecclestone some great options for his annual Christmas card to close friends.