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Saab says it will restart production after securing short-term loan
Mon, 02 May 2011Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.
Four-door BMW 4-series Gran Coupe revealed in renderings?
Fri, 27 Dec 2013Another day, another upcoming car revealed thanks to a leaked patent filing -- and another BMW model variant to memorize: f30post.com has renderings of what looks to be the four-door BMW 4-series Gran Coupe, originally posted at the Chinese-language site autohome.com.cn. No, your eyes do not deceive you, nor are you going crazy. This is, or at least appears to be, a four-door version of the car that BMW created as the dedicated two-door replacement for the now-discontinued 3-series coupe.
2014 BMW M4 Convertible revealed
Fri, 04 Apr 2014We’re eagerly anticipating the launch of the new 2014 BMW M3 saloon and M4 Coupe, but before we’ve even driven those cars (we will do soon, though) our attention has been diverted by the announcement of the new 2014 BMW M4 Convertible. Using the same running gear as its hard-topped siblings, the M4 Convertible adds a touch more glamour thanks to that electric folding roof. Perfect for cruising the French Riviera or whizzing round the Nurburgring, it really is quite the car.