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Saab is sold again: two Chinese makers buy Saab
Fri, 28 Oct 2011Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.
Fisker to buy former GM Solstice/Sky plant in Delaware for $18 million
Tue, 27 Oct 2009The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers. Fisker Automotive said Tuesday that it will buy the plant, located in Wilmington, Del., from Motors Liquidation Co.--the old General Motors Corp.--for $18 million. If Fisker's plans come to fruition, production at the plant could start in late 2012.
Vauxhall Astra GTC unveiled
Wed, 08 Sep 2010The Vauxhall Astra GTC Concept - Paris debut Vauxhall teased the next edition of the new Astra – the three-door Astra – last month ahead of a reveal at the Paris Motor Show in a few weeks. But with just over three weeks to go to Paris we now get much more detail on the Vauxhall Astra GTC Concept. And it looks to us as if Vauxhall are going to stick with the GTC moniker for the production car, so this Concept may well be very close to the final production car.