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Top seven notes from Beijing’s 2014 VW Group motor show
Fri, 25 Apr 2014By Ollie Kew Motor Industry 25 April 2014 07:30 On the eve of every major motor show, the Volkswagen Group steals a jump on the competition by staging its own mini motor show to reveal its big-hitters for the imminent event. Here are seven things you won’t have heard from Beijing’s ‘Group Night’. As soon as the floor was opened to journalists, the Chinese media made straight for the stunning new Lamborghini Huracan and Bugatti’s latest Veyron Vitesse Legends Edition, the ‘Black Bess’.
Swedish sports-car maker Koenigsegg may buy Saab
Thu, 11 Jun 2009General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.
News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.











