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Saab China – Deal Dead
Mon, 24 Oct 2011Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.
Lexus goes bonkers for SEMA 2010
Sat, 30 Oct 2010Lexus SEMA 2010 I think we’re going to stop trying to work out what Lexus is all about. Just when we think we have them pegged down as green halo, fluffy-bunny-loving corporate eco-mentalists with a misguided view of the future of the car, they go and produce the LFA. We put the LFA’s existence down to its long gestation period; there is no way Lexus would embark on such a project today.
New 2015 Vauxhall Corsa revealed
Wed, 09 Jul 2014The new 2015 Vauxhall Corsa revealed – debuts at Paris The King of the supermini market in the UK is the Ford Fiesta, but the Vauxhall Corsa isn’t all that far behind and Vauxhall are doubtless hoping the arrival of the new Vauxhall Corsa in early 2015 will help steal customers away from Ford. Vauxhall hasn’t messed too much with the fourth generation Corsa, and although every body panel is new it’s still very much a Corsa. Yes, the nose is more ‘modern’ Vauxhall and there are changes everywhere when you start to look – like the ‘blade running down the lower doors – but nothing that will frighten off the existing 80,000 plus buyers the Corsa goes home with each year.