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Saab calls off deal with Chinese automaker
Thu, 12 May 2011Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.
AC Schnitzer upgrades third-gen BMW X5
Mon, 03 Mar 2014The Geneva motor show probably brings together more companies related to carmakers than any other show on the calendar (except maybe SEMA). This year, we'll see Brabus, ABT, Mansory and -- of course -- AC Schnitzer. Schnitzer is based in Aschen, Germany and specializes in BMWs and Minis.
New Jaguar XE will get the V6 engine from the F-Type
Wed, 02 Apr 2014The new Jaguar XE (pictured) will get the F-Type’s V6 We’re expecting the Jaguar XE – Jaguar’s new smaller saloon aimed at the BMW 3-Series – to arrive at the Paris Motor Show in September before going on sale in 2015 after Jaguar revealed the first official details on the XE at the Geneva Motor Show this month. Jaguar were a little vague on detail, although they did confirm the XE would come with aluminium underpinnings – a first for the sector and to be shared with the new Jaguar SUV when that arrives – and offer Jaguar’s new range of 4-cylinder diesel and petrol engines. But what Jaguar also said is that there will be a range-topping XE capable of 186 mph, which seemed a bit of a stretch for a 4-cylinder engine, however good.