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Saab turns down takeover offer from Chinese investors
Fri, 21 Oct 2011Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.
Shelby brings back ‘Shelby American' name for performance-car business
Tue, 15 Dec 2009Carroll Shelby's performance-car business is returning to its roots. Shelby Automobiles is changing its name to Shelby American--the original banner used by his sports-car business and the historic Le Mans-winning cars in the 1960s. Shelby says the switch is in honor of the 45th anniversary of two of his most famous cars, the 427 Cobra and the Ford Mustang Shelby GT350.
Mitsubishi Outlander Juro Review & Road Test (2010) Part 2
Mon, 23 Aug 2010Mitsubishi Outlander Juro Review Part 2 What we have in for the week is the Mitsubishi Outlander Juro, a Limited Edition model with all the bells and whistles designed as a lead-in for the new Outlander. It’s what you’d normally expect a lead-out model to be, but for some reason Mitsubishi decided a lead-in model was appropriate. Perhaps it was a decision by the same department that decided that the Outlander should be a crossover instead of an SUV?