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Saab calls off deal with Chinese automaker
Thu, 12 May 2011Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.
Carroll Shelby recovering from health scare
Thu, 05 Apr 2012Racing legend Carroll Shelby is slowly recovering from a recent health scare and could leave the hospital in the coming weeks. Shelby has been hospitalized after catching the flu, which turned into a case of pneumonia. Shelby, 89, has received heart and kidney transplants over the course of his life and dealt with a number of health issues.
Mitsubishi ASX Black Special Edition launches
Fri, 11 Nov 2011Mitsubishi ASX Black launches - with satin black styling upgrades It’s just over a year since we reviewed the Mitsubishi ASX, Mitsubishi’s new offering in the compact SUV / crossover market. And we thought it a decent effort from Mitsubishi, if a little generic and a little bland. So the news that Mitsubishi has launched a new version of the ASX – the Mitsubishi ASX Black – is welcome, as its upgrades answer many of the criticisms we levelled at the 2WD ASX 3 1.8 Diesel we reviewed last year.