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Saab bidding closed, buyer announced soon
Tue, 28 Feb 2012We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.
Volvo and Pininfarina to end their Swedish joint venture for the C70
Fri, 25 Mar 2011Volvo Car Corp. will take full ownership of a Swedish car assembly joint venture that it started eight years ago with Italy's Pininfarina S.p.A. Volvo said it will assume responsibility for Pininfarina Sverige AB and its operations in Uddevalla, Sweden, in May 2013.
Jaguar Land Rover installs UK's largest solar roof
Tue, 08 Apr 2014THE LARGEST EVER solar panel roof has been completed at the Jaguar Land Rover (JLR) engine factory in South Staffordshire. More than 21,000 solar cells have been fitted to the roof over the Engine Manufacturing Centre and will provide enough electricity to power 30% of the factory’s needs. When the solar panels are working at full capacity, they will generate enough energy to power the equivalent of 1600 homes.