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Rolls-Royce reveals first Wraith teaser
Wed, 23 Jan 2013Rolls-Royce has released the first teaser image of the its upcoming Wraith coupé. The image, which confirms that the Wraith is a fastback based on the Ghost, shows a chrome bezel surrounding the rakish DLO as well as rear-hinged doors, as have become an RR trademark. What we can't yet see is the treatment of the nose and tail.
Saab turns down takeover offer from Chinese investors
Fri, 21 Oct 2011Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.
Vauxhall & Opel – no plant closures before 2014
Sun, 25 Mar 2012Will the new Mokka help GM in Europe Despite reports that GM Europe are planning closures at Vauxhall and Opel, GM boss says there will be no closures before 2014. GM in Europe are not having an easy time of things, with both Vauxhall and Opel struggling for sales as the car market in Europe polarises and the mainstream car makers struggle. GM have made some moves to consolidate their European operation with a co-operation agreement with Peugeot Citroen, but that deal has more of a sticking plaster feel to it than a real way to fix the issues of over-production in a difficult European market.