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Saab turns down takeover offer from Chinese investors
Fri, 21 Oct 2011Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.
Toyota GT86 TRD Griffon makes its debut at Goodwood (video)
Mon, 15 Jul 2013The Toyota GT86 TRD Griffon 9Pictured) made its debut at Goodwood this weekend We’re still waiting for Toyota to make a more powerful version of the GT86 (and Subaru the BRZ), but we are starting to get more focused versions. We’ve already seen the GT86 TRD – developed by Toyota Racing development – as a road car limited edition, and last month we learnt that Toyota were going to debut a track version – the GT86 TRD Griffon – and that it would arrive at Goodwood. Now the Griffon has arrived looking immensely purposeful with its wings and diffuser and carbon fibre for the roof, doors, bonnet and boot and some severe fettling of the oily stuff with upgraded brakes, new alloys, mechanical limited slip diff and stiffer suspension.
Toyota NS4 concept car (2012) first official pictures
Wed, 21 Dec 2011Toyota regularly shows hybrid concept cars at the Detroit auto show – and the 2012 NAIAS is no different. Problem is, we don't yet know much about their planned debut. Called the NS4, all we can see so far is this rather ludicrously cropped shot of the headlamp.