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Michael Schumacher tests 2015 Mercedes C-Class
Fri, 13 Dec 2013Formula One ace Michael Schumacher was back behind the wheel of a Silver Arrow in a new Mercedes C-Class video this week. He is testing the autonomous features such as pre-braking, lane keeping and radar cruise control. Mercedes director of driver assistance systems Jochen Hermann talks us through the video, with Schumacher behind the wheel, starting with the Distronic Plus system.
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.
Saab reportedly sold to China’s Pang Da & Youngman for €100 million
Fri, 28 Oct 2011Saab Sold to China? Update: Just minutes after publishing this story we’ve heard from Saab confirming this report is correct and that the administrator - Guy Lofalk – has withdrawn his application for Saab’s court protection to be removed. The deal will be subject to Government approval.