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Saab deal no longer valid says Pangda Chairman. The end of Saab?

Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.

Exclusive: Laurens van den Acker to replace Patrick le Quément at Renault

The wheels of change are continuing to turn within the automotive design industry, with yet another new appointment being made at the director level. According to industry insiders, Laurens van den Acker is set become the new Design Director at Renault when Patrick le Quément retires later this year. One of the most pre-eminent car designers in the world, Patrick le Quément began his design career at Simca, worked at Ford for 17 years and did a brief stint at Volkswagen before taking the top design job at Renault.

Tesla Roadster 2.5 – Goodwood Reveal

The Tesla Roadster 2.5 - Goodwood Reveal Of course, if it was going to happen anywhere it was going to happen at Goodwood – the centre of the car universe this week. Which is where Tesla chose to launch the latest iteration of its electric Lotus – the Tesla Roadster 2.5. We think this is actually the fourth version of the Tesla Roadster since it first arrived on our roads – which means there’s a facelift every 250 cars or so.