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Shenzhen, CN

Shenzhen, CN
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Saab is Dead – Spyker pulls out

Fri, 18 Dec 2009 00:00:00 -0800

The Grim Reaper arrives for Saab Saab has been in intensive care for what seems like forever. Last profitable around the time the dinosaurs died out it has been kept alive in recent years with funds from US car giant GM. But GM’s problems lead to the forced sale of Saab, and for a while it looked like Dr Koenigsegg had a cure for the ailing Swede.

New bosses for Volvo and Ford of Europe

Thu, 15 Jul 2010 00:00:00 -0700

Volvo will shortly have a new boss, it was announced today. Geely Motors is buying Volvo from Ford and the two companies confirmed today what we all suspected: that Volvo CEO Stephen Odell will leave the top office in Gothenburg and head up Ford of Europe. The new chairman of Volvo is Li Shufu, Geely's top man.

Kimi Räikkönen to star at Festival of Speed

Tue, 10 Jun 2014 00:00:00 -0700

FORMULA One favourite Kimi Räikkönen has been confirmed as a star guest for the upcoming Goodwood Festival of Speed. The charismatic Finn will be at the famous Goodwood event as part of a wider celebration of motorsport heritage in conjunction with the Festival of Speed’s recently-announced chief sponsor, Shell. As well as bringing F1 racer Räikkönen and supplying the ‘official fuel’ for the event, V-Power Nitro+ premium unleaded, Shell will celebrate the 50th anniversary of legendary British racer John Surtees’ Formula One World Championship victory with Scuderia Ferrari.