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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.
Audi A2 EV won’t make production – but you knew that
Thu, 03 Jan 2013Audi has revealed that it’s dropped plans to put the A2 electric concept – first revealed at Frankfurt 2011 - in to production. Back in June 2012 we reported that the Audi A2 EV wouldn’t make production as Audi had decided that the market simply wasn’t there for a £40k electric city runaround. Now that appears to have been confirmed by Audi in conversation with Autocar.
Russo-Baltique Impression
Wed, 03 May 2006One hundred years since its conception, the Russo-Baltique brand has been resurrected for a show car at Villa d'Este Concours d'Elegance. Once the maker of cars for Russia's Royal Court, the country's Revolution suspended Russo-Baltique's activities after the First World War, only restored in 2003 when work on the new Impression began. The car aims to demonstrate a high level of quality, using materials such as Zebrano, an African wood, to trim the interior.