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Saab deal no longer valid says Pangda Chairman. The end of Saab?
Wed, 12 Oct 2011Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.
Saab strikes deal with BMW for 9-3, 9-1 engines
Wed, 29 Sep 2010The new 2012 Saab 9-3 is set to be the first Saab powered by BMW By Tim Pollard Motor Industry 29 September 2010 07:43 Minnow Saab has struck a deal with BMW, one of the world's largest premium car makers, to supply powertrains for future models, including the next 9-3 and proposed 9-1 supermini. Munich will provide Saab with four-cylinder petrol 1.6 turbo engines from 2012 and the full suite of Efficient Dynamics tech will be included. The deal is being signed today by Ian Robertson, marketing board member of BMW AG, and the CEO of Saab Automobile, Jan Åke Jonsson, in Trollhättan.How can Saab afford to buy BMW engines?No financial or volume details have been announced yet.
Ruf Stormster concept (2009): the electric Porsche Cayenne
Thu, 10 Dec 2009Ruf might be a tiny German tuner, but it’s just unveiled the first ever electric Cayenne. Called the Stormster it's Ruf's second battery-powered Porsche, uses the same motor as the company's electric 911, weighs close to 2.7 tonnes and hits 62mph in ten seconds. No at all – in fact, earlier this week Ruf took its 676bhp GT2 to 229mph at the Nardo test track in southern Italy.