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Porsche Cayenne S V8 Diesel on the way
Mon, 16 Apr 2012Porsche Cayenne S V8 Diesel on the way Porsche are planning to launch a V8 Diesel Cayenne S in Europe, expected to be based on the Touareg V8, to take on the BMW X5 M50d. The original Cayenne Diesel always seemed a bit of a let-down for a Porsche, even a diesel Porsche. The market imperative was there, no doubt, but the performance was not exactly stunning.
BMW X6 M50d (2012) leads facelifted X6 range
Wed, 25 Jan 2012BMW is facelifting its most controversial model, the X6. And what better way of tidying up this coupe-cum-SUV than adding a diesel M version? The new X6 M50d is among the first of a new range of stop-gap M models to slot between the full M GmbH cars and the trim-level M Sport models.
Saab seeks court protection from creditors
Wed, 07 Sep 2011Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.