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Honda cuts UK production by 50 per cent

Honda (UK) cuts production Japan is slowly recovering from the earthquake and tsunami that hit on 11th March. Or at least its production is. Honda has revealed that it expects its Japanese plants to resume production of 11th April – just one month after the disaster – but initially that will be at just 50% capacity due to a shaky parts supply line.

First Pagani Huayra up for sale in Switzerland

First Pagani Huayra for sale The first Pagani Huayra to come up for sale is being offered by Carugati in Switzerland at a very large premium. We’ve had our doubts about just how many Huayras Pagani has manged to build so far for its customers, but we do know that the car we’ve all seen as the first customer Huayra is now up for sale in Switzerland, Carugati – a Swiss family-run dealers – is offering chassis #1 Pagani Huayra for buyers with very deep pockets. We promised Carugati we wouldn’t divulge the premium you’ll need to pay, but it is substantial.

Saab go back for another Chinese

Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.