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News watch November 2011: today's auto industry news
Tue, 29 Nov 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.
David Brown Automotive promising a new luxury British sports car
Fri, 17 Jan 2014David Brown Automotive promising a new luxury British sports car The name David Brown Automotive conjures up images of the man whose initials still give us the Aston Martin DB9 – former tractor builder David Brown who bought up Aston Martin in 1947 (and subsequently Lagonda and Tickford). But this David Brown Automotive is actually a new company which promises to “…refresh the classic British sports car, for the 21st Century” with a vision for a new luxury take on the classic British Sports Car. David Brown has put together a team lead by Alan Mobberley – who was Chief Designer at Land Rover until 2005 and cropped up recently as the designer for Eterniti Motors – and has commissioned Envisage Group (the firm that bought up what was left of CPP after Vladimir Antonov’s exploits and who are building the glorious Lyonheart E-Type) to bring his dreams to life.
Lotus Exige S V6 rolls off the production line
Fri, 27 Jul 2012The Lotus Exige S V6 with the 3.5 litre Supercharged engine from the Evora S has started rolling off the production line at Hethel. How nice to be able to report a new car arriving from Lotus instead of more doom and gloom. The Lotus Exige S V6, with the supercharged 3.5 litre engine we first saw in the Evora S, has started to roll off the production line (actually, ‘production line’ me be a bit of an exaggeration) and is heading off to its new owner.