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Saab turns down takeover offer from Chinese investors
Fri, 21 Oct 2011Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.
VW, GM join BATC, GAC plus Chris Bangle and more at key China design event
Thu, 03 Feb 2011阅读本文中文版本请点击这里 新年快乐. Xin Nian Kuai Le. Happy New Year to our readers in China and to everyone celebrating the start of the Year of the Rabbit. The speakers and program are being finalized for one of the principal forums for car design intelligence in China, the Interior Motives 2011 conference, to be held in Shanghai on the eve of this year's auto show. The event will again include design chiefs from both China and overseas, representing domestic OEMs and the foreign companies seeking to retain their design edge by investing heavily in new studios and nurturing home-grown talent.
Morgan Plus 8 Speedster is a gorgeous, stripped-down centennial celebration
Tue, 22 Apr 2014It doesn't take much to transform a Morgan from an already cool car to the coolest Morgan -- nay, the coolest car ever to traverse British B-roads. Chop the windshield, lose the luggage rack. Add Dunlop-style telephone dial alloys, paint 'em black.