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Design an MG sports car for 2025, win a scholarship and internship at SAIC
Fri, 09 May 2014SAIC has announced its second university student design competition. To be in with a shout, SAIC wants students to design a dream sports car or GT car for the MG brand to be launched in 2025. The brief asks for a concept that must not only must reference MG's history – 2014 is the firm's 90th anniversary – but that also reflects China's post-90s generation.
Lotus for Sale? Proton advised to sell Lotus Group International
Wed, 28 Dec 2011Are Proton about to sell Lotus? Analysts are advising Proton – owners of Lotus Group International – to divest itself of the loss-making Lotus. It was always difficult to see any sort of synergy between budget car maker Proton and Lotus.
Saab parent company to sell Spyker luxury brand to U.S. firm
Thu, 29 Sep 2011Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.