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Hyundai HCD-14 Genesis Concept: 2013 Detroit Auto Show
Mon, 14 Jan 2013The Hyundai HCD-14 Genesis Concept has been revealed at the 2013 Detroit Auto Show, previewing the next generation of Hyundai’s premium offerings. Hyundai has now revealed the HCD-14 Genesis Concept in Detroit and there’s little doubt that this is the next Hyundai Genesis, albeit with a chunk of concept fripperies thrown in to titillate. Concept fripperies like the rear suicide doors and enormous carbon fibre wheels seem likely to be lost in the production version of the new Genesis (although Hyundai may surprise us) but it seems likely that the overall styling will come through, just as it has on many of Hyundai’s recent concepts (unless Peter Schreyer has a play now he’s in charge of Hyundai design).
‘Old Pang’ spends another €15 million at Saab
Wed, 01 Jun 2011Pang Qing Hua - Pang Da boss - thinks Saab are 'Great, great, great'! The ‘Old Pang’ bit isn’t our derogatory name for the head of China’s Pang Da – who are busy getting in to bed with Saab – but is how the Beijing Times referred to Pang Da boss Pang Qing Hua on his return from Saab; ’Old Pang Returns from Sweden’, they said. We have no idea how old Pang Qing Hua is, but he’s old enough to have amassed a few bob from owning a huge car distribution network in China, and is flush with cash from a recent floating.
Avis buys Zipcar and grows car-sharing capabilities internationally
Wed, 02 Jan 2013Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.