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Tallmadge, OH, US
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Saab gets more cash from China partner
Wed, 01 Jun 2011Saab has received another cash boost from its new China partner Pang Da with an additional order for 630 cars, worth 15 million euros or $21.7 million at current exchange rates. The order comes on top of an order for 1,300 cars worth $43.3 million (30 million euros) received by Saab from Pang Da in May. The Chinese company will pay in advance for the order and delivery of the vehicles will start in the third quarter, Saab said.
Porsche plans a hybrid in every model line
Mon, 18 Oct 2010Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. “In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said. Earlier this year, Porsche launched a hybrid version of its Cayenne SUV.
Nissan LEAF EV: Euro sales start – UK in September
Fri, 30 Jul 2010The Nissan Leaf goes on sale in the UK in September We recently reported that the Nissan Leaf has exceeded all expectations after going on sale in Japan and the US, managing to acquire 19,000 orders in the briefest of time – twice the planned annual rate of production. We half expected that news – great though it is for Nissan – to delay the launch of the Nissan Leaf in Europe. After all, if you’ve already taken orders for twice as many cars as you can produce in the first year you’d think you’d get production ramped up before you start taking more orders.