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Kia Soul Facelift: New York catch-up
Mon, 25 Apr 2011A nipped and tucked 2012 Kia Soul As the car world seems to become more corporate and bland with every year that passes, truly ‘Marmite’ cars get fewer and fewer. But one car that is still a ‘love it or hate it’ choice is the Postman-Pat Kia Soul. And it’s had a bit of a nip and tuck for he 2012MY and been rolled out at the New York Motor Show.
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.
Readers chat it up live with AW associate editor Jon Wong
Fri, 08 Apr 2011For those who have ever stared longingly at a Mazda RX-8, or who love the symphony of a Honda four-cylinder engine turning at 200 rpm short of the redline and the tactile joy of the shifter sliding flawlessly from gear to gear, you have a friend in AutoWeek associate editor Jon Wong. On Friday, readers took the opportunity for a virtual mind meld, as Jon fielded questions in an online chat at 3:30 p.m. Eastern.