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Saab secures investment from China et al

Tue, 03 May 2011

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

Mercedes CLA & GLA will sell 60,000 a year in the USA

Mon, 07 Oct 2013

Mercedes are aiming to sell 30k CLAs in the US every year It’s not all that long since the only Mercedes car US car buyers actually took seriously was the Mercedes S-Class. But times have changed and the rise in fuel prices and the collapse of the US car market has seen US car buyers looking at more ‘compact’ cars as appealing buys. Which explains why smaller cars have suddenly become an appealing ‘must have’ for car makers selling in the US, even ‘premium’ car makers.

General Motors will prep plants in 2012 for next-generation pickups

Mon, 04 Jul 2011

General Motors will begin retooling assembly plants next year to build the next generation of its full-sized pickups, GM's U.S. sales chief Don Johnson said. "We have some scheduled plant downtime in 2012 as we convert to the next generation of our pickups," he said.