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CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.
Thu, 24 Nov 2011Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.
Future products: Buick sees 6 to 7 models in its lineup for 2011-13
Thu, 12 Aug 2010A Buick LaCrosse hybrid sedan probably will join a new small car and new crossover as Buick expands its lineup in the next three model years. The brand, which sells four nameplates now, eventually wants a six- or seven-vehicle lineup, says John Schwegman, Buick-GMC's top marketer. Buick seeks to revive its reputation for performance and stylish luxury to appeal to middle-aged professionals who often buy Asian luxury brands.
Mazda MX-5 Superlight concept at 2009 Frankfurt motor show
Fri, 11 Sep 2009By Ben Pulman First Official Pictures 11 September 2009 09:30 To celebrate 20 years of the MX-5, Mazda has produced this special Superlight concept which be unveiled at the 2009 Frankfurt motor show next week. Mazda started with the facelifted version of its third-gen sports car and pared it back to basics to create an uncompromising sub-1000kg two-seater sports car. According to project lead designer Hasip Girgin, the challenge was 'to evolve the MX-5, developed to perfection during the last 20 years, to a higher and extreme level.' As such, Mazda seems to be treating the MX-5 Superlight like a portly Caterham, claiming the lack of a windscreen and roof makes the driver and passenger feel more connected with the environment.