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Saab ends deal with Chinese investors
Mon, 24 Oct 2011Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.
Last Lamborghini Gallardo is built ahead of Cabrera debut
Tue, 26 Nov 2013Last Lamborghini Gallardo is built ahead of Cabrera debut Lamborghini may have started out as a Tractor Manufacturer, but it’s been making stunning road cars for 50 years, and despite the Lamborghini Gallardo only arriving 10 years ago it has managed to sell enough to account for around half of all Lamborghinis ever made. But now, after more than 14,000 Gallardos have been built, the curtain has come down on Lamborghini’s most successful model ever with the last Gallardo – a Gallardo LP 570-4 Spyder Performante - rolling off the production line in Sant’Agata Bolognese. The Rosso Mars Lamborghini Gallardo LP 570-4 Spyder Performante is now off to join the collection of a wealthy car nut as the last ever Gallardo to be built, and Lamborghini are now heading swiftly towards the Gallardo’s replacement – expected to be the Lamborghini Cabrera.
Bentley SUV EXP 9 F: The Genesis +video
Thu, 08 Mar 2012The Bentley SUV EXP 9 F arrives at Geneva Bentley has sent us video explaining the EXP 9 F SUV Concept, and we’ve talked to UK owners and dealers about the new SUV. There’s no doubt Bentley are serious about producing the EXP 9 F – or a variation of it – as Bentley’s first SUV (but perhaps not their first ‘Truck’) simply because the market demands it. But the EXP 9 F that arrived at Geneva this week really wasn’t what anyone was expecting; it seems to have the nose of the Mulsanne bolted on to a very square body with a big hatch at the back and looks more like a truck than a sporty or luxury SUV.