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Honda at the London motor show 2008

By James Foxall Motor Shows 23 July 2008 14:35 Honda came up with a genuine global surprise at the London motor show 2008 – with the OSM concept car that previews a potenital successor to the S2000. The Open Study Model is a junior roadster that bears an uncanny resemblance to the CR-Z concept. We suspect this could translate into a convertible version of the CR-Z, itself bound for production in 2010 as a hybrid coupe.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Skoda Octavia GreenLine – UK Release

The Skoda Octavia GreenLine has been released in the UK The trouble is, there’s not a huge amount to say. You can already guess that the tweaks to get the CO2 emissions down and the mpg up are going to run along the same lines as everyone else’s Ec-Cars. Think what Ford has done with the ECOnetic or VW with the BlueMotion and you won’t be far wrong.