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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 Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.
Jaguar XK 2010/2011 Upgrades – Ultimate XKR Special Edition
Wed, 17 Feb 2010The 2010 Jaguar XKR - with all the options With the Geneva Motor Show just two weeks away, Jaguar has decided to roll out some upgrades to the Jaguar XK range and take the XKR further in to Supercar territory with the addition of two new options – the Speed Pack and the Black Pack. The car Jaguar will be taking to Geneva has both the new option packs fitted and is being billed as the Ultimate Jaguar XKR Special Edition. The info from Jaguar is slightly confusing, as it looks as if US buyers can opt for the fully loaded ‘Jaguar XKR Special Edition’ but UK and European buyers will need to specify both the new Speed and Black packs on a standard XKR to achieve the same end.
Saab's finance struggle: the latest news
Fri, 13 May 2011Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed. Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.