Lotus May Be Sold To China’s Youngman

Lotus May Be Sold To China’s Youngman
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When sports car company Lotus had announced the end of its title sponsorship of the Lotus F1 team, a red flag was raised as concerns over Group Lotus’ financial problems surfaced. Now, new reports reveal that the troubles facing the automaker are more than meets the eye. Earlier warning signs were brought to attention this year… Continue Reading...

Great Wall Denies Talks With Saab, Swedish Automaker’s Future Uncertain

Great Wall Denies Talks With Saab, Swedish Automaker’s Future Uncertain
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It might start to be a real sob story over at Saab, if the Swedish automaker can’t find a partner to help finance operations and help get production restarted. News of a most recent deal with Chinese automaker Great Wall might be little more than a rumor, with the Associated Press now reporting a Great… Continue Reading...