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Saab secures more funds as it seeks to avert collapse
Mon, 27 Jun 2011Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'. Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.
Bentley Mulsanne convertible concept debuts
Sun, 19 Aug 2012Bentley will expand the Mulsanne lineup with a glitzy convertible version, previewed by a concept that debuted at Pebble Beach. The British droptop would likely share mechanical pieces with the coupe, meaning a twin-turbo 6.75-liter V8 making 505 hp and 752 lb-ft of torque paired with an eight-speed automatic and rear-wheel chassis. Technical specifications were not confirmed.
Toyota Auris Hybrid, Prius Plug-in Hybrid, Land Cruiser and iQ (2009): first official pictures
Wed, 02 Sep 2009By Tim Pollard First Official Pictures 02 September 2009 13:25 Toyota has announced its line-up for the 2009 Frankfurt motor show – and it’ll be led by a new hybrid version of the Auris hatchback. The Hybrid Synergy Drive tech from the Prius has squeezed under the bonnet of the Auris to make a new, cleaner hatch and extend the Japanese firm’s lead in petrol-electric tech. It won’t be just a battery-powered Auris on show, however.


