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Mercedes drop SL65 – the end of the Mercedes V12?
Mon, 01 Aug 20112012 Mercedes SL - will have to live without the V12 We haven’t exactly had a glut of stories on the Merceds SL of late. In fact the last story appears to have been a spy shot of the 2012 SL back at the end of 2010. But that’s because the current SL is far from cutting edge and no longer the halo of the Mercedes range.
Renault Fluence ZE electric concept at 2009 Frankfurt motor show
Tue, 15 Sep 2009By Ben Pulman First Official Pictures 15 September 2009 12:00 This is the Renault Fluence ZE, a concept car unveiled at the 2009 Frankfurt motor show that previews the forthcoming electric version of the recently revealed Fluence saloon. Along with the Kangoo ZE, it will be one of Renault’s first electric vehicles which go on sale in 2011. It does – there’s energy-saving LED lights, cameras to replace the rear-view mirrors, solar cells on the roof, dash and parcel shelf, and 21-inch wheels.
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.
