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News watch November 2011: today's auto industry news
Tue, 29 Nov 2011Welcome 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 Tuesday 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.
Car of the Year 2013 finalists announced: do you agree?
Mon, 17 Dec 2012The contest for 2013 Car of the Year is hotting up, with the shortlist for Europe's most prestigious new car award announced. The final eight contenders are: Ford B-max Hyundai i30 Mercedes A-class Peugeot 208 Renault Clio Subaru BRZ/Toyota GT86 Volkswagen Golf Volvo V40 This year, there are eight finalists instead of the usual seven, thanks to a dead heat between two contenders. According to the Car of the Year jury, the award's goal 'is to acclaim the most outstanding new car to go on sale in the [last] 12 months.' Not much fuel for enthusiasts in the 2013 CotY list...
Kia Cross GT SUV Concept arrives ahead of reveal in Chicago
Thu, 07 Feb 2013Kia has revealed their concept for a new large SUV – the Kia Cross GT Concept – ahead of a reveal at the Chicago Auto Show. Underpinning the Cross GT are the same underpinnings the impressive Kia GT Concept we saw at Frankfurt in 2011 had, to create a new SUV that is a chunk bigger than the Sorento (213mm longer with a wheelbase 399mm more) but, thanks to a swooping roofline, is 41mm lower. Power for the Hybrid Cross GT comes from a 3.8 litre petrol V6 and an electric motor which produce around 400bhp and 500lb/ft of torque, driven to all four wheels through an eight-speed auto ‘box.