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Saab reportedly bought by Chinese-led consortium
Fri, 08 Jun 2012A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.
Alfa Romeo Gloria points to new Alfa Giulia
Mon, 25 Feb 2013The beautiful Alfa Romeo Gloria Concept looks like it’s a stylised preview of the next Alfa Giulia due in 2015. Debuts at Geneva 2013. But according to Automotive News, the Alfa Gloria is actually a very strong hint at what the new Alfa Giulia will look like when it arrives in 2015 as part of Sergio Marchionne’s plan to revive the Alfa brand and drive sale forward.
Where is Kinetic Design headed?
Tue, 28 Sep 2010Martin Smith has been guiding Ford of Europe's design efforts since he was appointed to the position of Executive Design Director in 2004, coming straight over from an illustrious career at General Motors. During his tenure as Director of Design at GM Europe, Smith oversaw the Insignia concept car as well as much of the Opel range, including the acclaimed Astra. At Ford, Smith spearheaded the automaker's 'Kinetic Design' strategy and has since presented this vision in both concept and production car form.