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New Ford Focus ST (2011) at Paris
Fri, 23 Jul 2010The 250bhp 2011 Focus ST Ford did threaten that a performance version of the 2011 Ford Focus would be a world car. We all jumped to the conclusion that would be an all new 2012 Focus RS – and it still probably will be – but if Ford need a get out of jail free card on the performance promise the 2011 Focus ST could be it. It appears that Ford are taking the first performance version of the new Focus to the Paris Motor Show in October.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.
2012 Mercedes SLK 55 AMG costs £54,950
Tue, 17 Jan 20122012 Mercedes SLK 55 AMG The Mercedes SLK 55 AMG, which was revealed at the Frankfurt Motor Show, is to cost £54,950 in the UK. The 2012 Mercedes SLK AMG 55 was revealed just before the Frankfurt Motor Show, and Mercedes told us it would go on sale in the UK in early 2012. So it’s a good job they’ve finally managed to come up with a price for the new SLK 55 AMG so at least UK buyers will finally know what they’ve got to stump up – £54,950.