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McLaren F1 Video: Flemke’s Mac’s been fixed
Fri, 14 Oct 2011Flemke's McLaren F1 on video Perhaps the best-know McLaren F1 in the UK – well, perhaps the best known apart from Rowan Atkinson’s recently bent F1 – is the F1 owned by regular online commenter ‘Flemke’. Flemke is, as you would expect, worth a few bob and lives in the UK. But unlike the vast majority of McLaren F1 owners he loves to share the joy of his Mac with online enthusiasts.
London motor show roll call of shame
Wed, 25 Jun 2008By Tim Pollard Motor Shows 25 June 2008 09:30 Time for a roll call of shame. Not every manufacturer will be at the 2008 London motor show and here we spill the beans on the absentees. We called each car maker up and asked them to justify their decision to snub London.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.