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Koenigsegg backs out of deal to buy Saab
Tue, 24 Nov 2009Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.
New Small Jaguar – Not before 2016
Sun, 22 May 2011New Small Jaguar - but not before a new XF We’ve discussed the replacement for the Jaguar X-Type – dubbed the New Small Jaguar – almost endlessly over the last year or two. Which with both the Jaguar XF and the Jaguar XJ replacing cars that were good but really didn’t sell, and turning them in to contenders for the top-spot in their sectors, a replacement for the X-Type is of huge interest. We had thought – in fact Jaguar had thought – that the plan to replace the X-Type was a high priority.
ZF boss thinks 9 speeds is enough for transmissions
Tue, 06 Nov 2012The nine-speed transmission might be where the race to add gears ends, ZF Friedrichshafen CEO Stefan Sommer said. He referred to nine speeds as the "natural limit" because going beyond that number adds weight and complexity that cannot be offset by gains in fuel efficiency. "There is no hard line, but you have to consider the law of diminishing returns.