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Report: Volvo Sale to China’s Geely Pegged for October
Ford’s sale of Swedish automaker Volvo to China’s Geely Automotive may start next month. According to a report in Swedish business daily Dagens Industri, Geely is the only company to actually submit a competitive bid. In July Ford reps commented that the automaker was discussing with several potential buyers. Ford has reportedly set the a…
Report: 2011 Saab 9-5 to Debut in Frankfurt with 300hp Turbocharged V6
Saab has just released a selection of new photos, as well as a new information on its upcoming next-generation 9-5 flagship. The Swedish automaker has also confirmed that the new model will debut at the Frankfurt Auto Show next month. In total, the 9-5 will be offered with five different engines, all of which will…
Report: GM Signs Over Saab to Koenigsegg
General Motors has signed an agreement to sell off its Swedish Saab unit to the Koenigsegg Group. Led by supercar maker Koenigsegg, the group includes several additional investors. The deal will see the Koenigsegg Group take a 100 percent stake in Saab. In a statement Koenigsegg Group CEO Christian von Koenigsegg said that the group…
Report: Volvo to Debut Electric C30 in Frankfurt
Volvo will show an all electric version of its entry-level C30 hatchback at the Frankfurt Auto Show this September. News of the expected unveiling comes from the U.S.’s AutoCar, saying that the model will be displayed and driven at the Innovation for Life event, which will take place shortly after the auto show. Interestingly, Volvo…
Leaked: 2011 Saab 9-5 Photos
After a considerable amount of secrecy surrounding the next generation Saab 9-5, it seems as though the cat is finally out of the bag. Two German publications (Autobild and Autozeitung) have published what appear to be official Saab press photos of the 2011 9-5. Normally a new Saab doesn’t get much attention, but with the…
Volvo Releases XC60 R-Design Edition
Volvo has just announced that it will offer an R-Design version of the new XC60 crossover. Officially set to debut at the Frankfurt Auto Show this September, the package includes a long list of exterior and interior features, as well as a sportier ride. Outside the R-Design model gets a new “silk metal” finish for…
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