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Saab funding from China likely delayed. Gets loan from North Street Capital
Thu, 20 Oct 2011Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.
Rolls-Royce Celebrates 110 Years Of Excellence
Wed, 07 May 2014LUXURY car make Rolls-Royce has celebrated its 110th anniversary in style, with a gathering of cars at both Goodwood motor racing circuit and Manchester’s Midland Hotel. The locations are significant, as the Midland Hotel was the setting for the first meeting of Charles Rolls and Henry Royce. Meanwhile, Goodwood has become the marque’s adopted home since the split from Bentley and sale to BMW.
New Car Sales Increase Again
Wed, 06 Aug 2014NEW registrations in July 2014 totalled 172,907 - a 6.6% rise on the July 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The latest figures took the year-so-far total to 1,460,172 - a 10.1% rise on the January-July 2013 total. As a result, the SMMT has now upwardly revised its prediction for sales for the whole of 2014, forecasting that a total of 2.45 million could be reached.