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Saab reportedly sold to China’s Pang Da & Youngman for €100 million
Fri, 28 Oct 2011Saab Sold to China? Update: Just minutes after publishing this story we’ve heard from Saab confirming this report is correct and that the administrator - Guy Lofalk – has withdrawn his application for Saab’s court protection to be removed. The deal will be subject to Government approval.
German tuner Eisenmann repackages Audi R8
Mon, 25 Oct 2010German exhaust tuner Eisenmann has developed a package of changes for the Audi R8 sports car, covering the exhaust system as well as several exterior additions made from carbon fiber, to create what it calls the Spark Eight by Eisenmann. Eisenmann says its aero package is more than just pretty looks and claims that it improves the car's driving dynamics and weight distribution. The changes include: -- Front fascia with grille and fins.
Jaguar puts C-X75 supercar on ice
Tue, 11 Dec 2012Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.