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Saab calls off deal with Chinese automaker
Thu, 12 May 2011Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.
McLaren F1 debuted 20 years ago this week
Wed, 30 May 2012It’s 20 years this week since the iconic McLaren F1 made its debut at The Sporting Club in Monte Carlo. There were many reasons why we thought McLaren would preview the new F1 to a select audience at last week’s Monaco Grand Prix, not least of which was that it’s 20 years since the first McLaren F1 was revealed to a select audience in the Principality. But it was not to be.
Citroen GT (GTbyCitroen Concept) – in the flesh
Sat, 23 May 2009The GTbyCitroen Concept (Citroen GT) is making a Summer tour of Motor Events in Europe Which all fits very well with Citroen’s desire to reposition itself as a Premium Brand. The new range of Citroen DS models is part of that way forward, and Citroen obviously believes – probably quite rightly – that the Citroen GT is potentially a great ‘Halo’ model for the company. So Citroen are going to spend the Summer schmoozing with the Citroen GT at some high profile events.