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U.S. equity firm to invest $70 million in Saab
Thu, 20 Oct 2011Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.
Range Rover Sport Stealth Pack (2014) first photos
Mon, 16 Jun 2014By Tim Pollard First Official Pictures 16 June 2014 11:14 Land Rover has tacitly admitted that Range Rover Sport buyers are different to Range Rover customers: the Stealth Pack unveiled today is a personalisation programme which makes RRS models stand out from the crowd. Available on HSE Dynamic and Autobiography Range Rover Sport models only, the Stealth Pack is ironically named: it's designed to make owners stand out, rather than melt into the background. But then that's always been the way with the Range Rover Sport, the model that likes to show off a little more than its more restrained big brother.
Subaru Cross Sport Design and Viziv Evolution concepts at the Tokyo Motor Show 2013
Fri, 22 Nov 2013Subaru showed two other concepts alongside the Levorg at the Tokyo Motor Show – both of which are interesting, neither of which came with very much information. The Subaru Viziv Evolution proposes a three-motor hybrid all-wheel drive system, similar to that under development by Honda, while the Subaru Cross Sport Design concept appears to be nothing less than a shooting brake estate version of the BRZ. Who says Audi is king of the hot estates?Please click the picture above to read more about the Subaru Cross Sport Design and Viziv Evolution concepts at the Tokyo Motor Show 2013