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Saab is sold again: two Chinese makers buy Saab
Fri, 28 Oct 2011Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.
Renault spy scandal: Former COO 'had to leave'
Tue, 30 Apr 2013Patrick Pelata fell on his sword to save his boss and friend -- and maybe his company. Pelata, often called one of the industry's best product strategists, was part of a small team of executives Carlos Ghosn brought to Nissan Motor Co. in 1999 after Renault bought a controlling stake in the Japanese company.
Brazil Grand Prix (2013): RESULT
Sun, 24 Nov 2013Brazil Grand Prix (2013): RESULT The F1 drivers title is done and dusted for 2013, but Vettel, on pole for the 2013 Brazilian Grand Prix, can make it nine wins in a row if he can follow the form of the last eight races. Which, of course, he did. But Vettel didn’t have it all his own way, at least from the off, with Nico Rosberg taking his Mercedes past Vettel and Hamilton pushing his past Alonso’s Ferrari.