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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.
Volvo S60 Long Wheelbase (S60L) goes in to production
Wed, 06 Nov 2013Volvo S60 Long Wheelbase (S60L) goes in to production Volvo certainly seems to be on the up at the moment, with new cars like the new V40 challenging established premium compacts and a complete new engine range in the offing. That is, to a great degree, down to the ownership of Volvo by China’s Geely after a period of stagnation under Ford, and now the Chinese ownership is starting to make strides in China. Chinese sales for Volvo are growing, and that’s going to be helped by a new long wheelbase version of the S60, built for the Chinese market in China and due to debut at the Guangzhou Motor Show later this month.
Vauxhall Ampera price cut by £3,500
Tue, 10 Sep 2013The Vauxhall Ampera (pictured) drops in price by £3500 Although we still feel the range-extender is the right way for car makers to go to get the car buying public to accept EVs, the range-extender Vauxhall Ampera has not exactly been a runaway success. Despite Vauxhall offering potential Ampera buyers the option of trying it for 30 days and handing it back if they don’t like it, the Ampera has failed miserably to sell in any sort of volume. So, with new competition on the way from the range-extender BMW i3, Vauxhall are taking drastic action to try and tempt buyers in to the Ampera and are slashing prices by £3,500.


