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Read the GM press release annoucing the sale of Saab to Spyker Cars
Tue, 26 Jan 2010PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.
Renault Megane gets top Euro NCAP Score
Wed, 26 Nov 2008It’s becoming something of a habit at Renault – 5 star NCAP Ratings. And the Renault Megane has just achieved the equal highest Euro NCAP score of 37 points (shared with the Nissan Quashqai) in the latest round of tests. You’ve got to admire Renault.
Hyundai announces high-perfomance diesels
Wed, 05 Nov 2008By Ben Whitworth Motor Industry 05 November 2008 11:56 Hyundai will significantly boost its diesel appeal in 2009 with the arrival of two new Euro V compliant powerplants that will slot into the next-gen Tucson, Sonata, Santa Fe and i30. The new 2.0 and 2.2-litre diesels feature a third generation common rail system with piezo-electric injectors to deliver fuel at 1800-bar. Fitted with a particulate trap as standard, the 2.0-litre unit develops 181bhp and 289lb ft, while the bigger 2.2-litre unit pumps out 197bhp and 335lb ft of torque.