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Chinese bank may join Saab rescue deal
Mon, 05 Dec 2011Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.
German courts rule on status of rare Mercedes-Benz 500K roadster
Fri, 01 Jun 2012The saga of a rare 1935 Mercedes-Benz 500K roadster has taken yet another intriguing turn. German courts have ruled that the vehicle is the rightful property of German industrialist Hans Prym's grandchildren because it was illegally seized from Prym in 1945. Frans van Haren can't be too happy with the ruling.
BMW Gran Lusso (2013) the Pininfarina coupe revealed
Tue, 28 May 2013BMW’s team-up with Italian styling house Pininfarina, the Gran Lusso coupe has been revealed in full at the 2013 Villa d’Este Concorso d’Eleganza in Italy. The imposing V12-powered coupe is a one-off styling concept for now, but shows the direction BMW could take for a new 8-series coupe, designed to battle the new Mercedes S-class coupe and Bentley Continental GT. BMW Gran Lusso: the details Riding on 21in alloys, the 7-series-sized Gran Lusso has all the trademark BMW styling boxes ticked: forward-raked ‘sharknose’ grille, the rear pillar's ‘Hofmeister kink’ in the windowline, and a cab-back stance accentuating that long bonnet.