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Bentley Continental Flying Spur gets custom furniture features
Fri, 30 Sep 2011Bentley will team up with bespoke furniture maker Linley to make an extremely limited run of 10 Continental Flying Spurs for the Chinese market. The move highlights the increasing importance of China and its growth potential for luxury makers racing to stake a foothold in the market. The Flying Spurs are customized using the expertise of Linley's design and furniture background, and the interior gets a special veneer and a box in the rear console with a humidor, a cigar cutter and an ashtray.
Saab EIB loan repaid by Swedish Government
Sat, 28 Jan 2012Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.
Nissan to build Mercedes engines in Tenn. plant
Sun, 08 Jan 2012Nissan Motor Co. and Daimler AG said they have agreed to produce four-cylinder Mercedes-Benz gasoline engines at Nissan's Decherd, Tenn., engine factory from 2014 to be fitted on Mercedes-Benz and Infiniti models. Nissan and its alliance partner Renault SA have a wide-ranging agreement with Daimler to share vehicle and powertrain technologies.
