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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.
News watch October 2011: today's auto industry news
Mon, 31 Oct 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-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
Shelby GT500 Stars in 'Getaway'
Wed, 28 Aug 2013The credits list Ethan Hawke and Selena Gomez as the stars of "Getaway," the action/thriller/chase scene of a movie that opens nationwide on Friday, but really the star is the Shelby GT500 Super Snake that Hawke drives. “Honestly I feel like it's a character in the movie,” director Courtney Solomon told us on the black carpet at the movie's premiere. “We couldn't have made the movie without the car.