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The next F1: McLaren plans replacement for supercar
Wed, 01 Apr 2009Formula One powerhouse McLaren secretly has begun work on a replacement for its legendary F1 supercar, while it also gears up to become a mainstream sports-car maker. McLaren's Technology Center in Woking, England, has built some 2,000 McLaren SLR supercars a year for Mercedes-Benz, but McLaren boss Ron Dennis reportedly has his sights set on producing 1,000 of its upcoming Ferrari F430-fighting P11s a year starting in 2011. The number, Dennis said, will rise to 4,000 cars by mid-decade as future models such as the Porsche 911-challenging P8 come on line.
Saab gets latest lifeline via $5 million infusion from Chinese company
Tue, 13 Dec 2011Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.
Fiat Doblo (2010) revealed
Tue, 17 Nov 2009The 2010 Fiat Doblo I know, you’ve been waiting for the Fiat Doblo. The Doblo is another of those van based mini people carrier things, designed to transport as much as possible for as little outlay as can be managed. The name suits it (you could see Dobby the Elf behind the wheel) but if your need is to shift your brood and their belongings around as cheaply as possible the Doblo – just like the equally daftly-named Peugeot Bipper Tepee – could fit the bill.