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New MINI Paceman highlighted on video
Sat, 15 Sep 2012With the production version of the MINI Paceman now revealed, MINI has produced a couple of videos to show off its new Coupe. The new MINI Paceman, the Coupe version of the MINI Countryman and MINI’s answer to the Range Rover Evoque, was revealed earlier this week before heading off to thye 2012 Paris Motor Show. And although MINI did manage to produce a whole heap of photos of the new Paceman, there’s nothing quite like a video or two to get proper perspective.
AutoWeek Design Forum: Previewing the world of Cars 2
Thu, 13 Jan 2011If you liked Cars, the sequel is going to be a similarly enjoyable ride. Pixar's Brad Lewis and Jay Shuster previewed Cars 2 at the AutoWeek Design Forum in a dual keynote address on Thursday that offered insights into the impressive depth and creativity behind the film. "We love the details at Pixar," said Lewis, codirector of the movie, which premieres on June 24.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.