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Chinese bank may join Saab rescue deal
Mon, 05 Dec 2011Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.
Citroen to revive the DS – sort of
Tue, 03 Feb 2009It went on to spawn the legendary Citroen SM – a Maserati powered ‘Supercar’ – and its place in Citroen’s history is assured as the most significant model produced by the French manufacturer (together with the 2CV, at the other end of the cost scale). Citroen SM Supercar - Spawned from the legendary Citroen DS So it seemed like good news when we heard that Citroen was to revive the DS marque. But sadly, it doesn’t seem so.
Audi RS7 Sportback refreshed with 190 mph top speed
Tue, 03 Jun 2014Audi has fitted the RS7 Sportback with a series of mild styling changes only 18 months after its reveal at the 2013 Detroit auto show. Among the subtle visual modifications brought to the plush performance liftback is a lightly reworked front end. It features a restyled single-frame grille set within a slightly more structured bumper, bringing its appearance in line with less-powerful versions of the A7 Sportback revealed last week.