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News watch November 2011: today's auto industry news
Tue, 29 Nov 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-hour Tuesday 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.
Cadillac ATS (2012) compact exec unveiled at Detroit show
Mon, 09 Jan 2012Cadillac took the wraps off the new compact Caddy, the ATS, at an event on the eve of the 2012 Detroit auto show. The new Cadillac ATS is essentially a BMW 3-series rival meeting all the design and engineering criteria of the larger Cadillacs. Cadillac ATS: what's new The ATS is like a baby CTS - the Art and Science design credo has been upheld, with sharp creases and pressed body surfacing to give it the Cady look.
Suzuki Cervo
Thu, 09 Nov 2006Suzuki is a relatively low-key brand without the variety of models nor media exposure afforded by rivals, so it might be surprising to learn that over the past fifty years they have not had an annual loss, while their growth rate in Europe since 2000 is on a par with Toyota's. With sales figures now snapping at the heels of Renault, Suzuki has just launched the Cervo, a new car for the K-class segment in Japan. The Suzuki Cervo follows the popular Grand Vitara and award-winning Swift, and has also been dubbed stylish and sporty.