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Smart ForTwo (2015): it's the Smart Mk3

By James Clark First Official Pictures 16 July 2014 19:30 Daimler this evening unveiled the new 2015 Smart ForTwo - the third iteration of the world's most recognisable city car. Retaining many of the details that made the original ForTwo so popular, the new Smart features all-new tech with a fundamentally new architecture. City driving is the ForTwo’s bread and butter.

Mercedes C63 AMG Coupe Black Series (2011) news

Mercedes-Benz AMG is using the 2011 German GP to preview its fourth Black Series model: the C63 AMG Black Series, the cheapest – at a still chunky €97,000 plus local taxes – Black Series ever. What is the Mercedes C63 AMG Coupe Black Series? Black Series acts as a no-comprises halo model for AMG, with wilder styling, more power, less weight, stiffer suspension and no rear seats.

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.