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Cadillac CTS Coupe launch to be delayed until summer 2010
Mon, 26 Jan 2009One of Cadillac's most anticipated models is being delayed one year. The 2010 CTS coupe had been scheduled to go into production this summer. Instead, the car will go into production during the summer of 2010.
Chinese bank may join Saab rescue deal
Mon, 05 Dec 2011Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.
Only the top is soft in new Audi A5/S5 cabriolet
Mon, 02 Mar 2009Audi is bucking the trend among luxury automakers who are churning out hardtop convertibles, as the new A5/S5 cabriolets that will reach these shores in October will be the old-fashioned, soft-top design. While other manufacturers such as BMW, Mercedes-Benz, Lexus and Volvo, among others, offer folding hard-tops, Audi says the compromise necessary to make room for the top and all its mechanical apparatus makes a soft-top the right choice for a small to mid-size convertible. The soft top is well insulated; even during a steady rain during our first drive of the car, the cabin was relatively quiet.