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News watch October 2011: today's auto industry news
Mon, 31 Oct 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
BMW M3 Coupé Frozen Silver Edition
Thu, 19 Apr 2012BMW M3 Coupé Frozen Silver Edition BMW has announced a limited Edition of the M3 Coupe – the Frozen Silver Edition – with just 100 examples for the UK. Costs £58,720. The BMW M3 Coupe Frozen Silver Edition is the latest limited edition model from BMW which, say BMW, adds £9,000 worth of goodies to the regular M3 for a £4k premium (the Frozen Silver Edition costs £58,720).
Toyota to build Tesla-powered RAV4 EV in Canada
Sat, 06 Aug 2011Toyota RAV4 EV - Made in canada There was a bit of a kerfuffle last month when a Toyota man went on record to say that Toyota would not be making an electric RAV4 that you and I could buy and that instead the electric RAV4 would be “…focused on very strategic applications”. We took that to mean business fleets. But it soon transpired that the Toyota man - Toyota’s National Business Planning Manager – has not been speaking with the authority, and Toyota were quick to respond by saying “…2012 RAV4 EV will definitely be sold to the general public”.