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Update: Hyundai releases statement on Calif. lawsuit
Tue, 10 Jul 2012UPDATE: Hyundai Motor America contacted Autoweek on Wednesday with a statement in regard to the case: Hyundai Motor America believes this case has no merit, as our advertising is accurate and in full compliance with applicable laws and regulations. In fact, we've reviewed our ads and think Consumer Watchdog and their client are dead wrong. A group called Consumer Watchdog announced that it is suing Hyundai on behalf of drivers who purchased 2011 and 2012 Elantras based on claims that Hyundai made in its advertising for the Elantra.
Saab secures more funds as it seeks to avert collapse
Mon, 27 Jun 2011Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'. Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.
Kia at 2009 Frankfurt motor show
Thu, 17 Sep 2009By Tom Sharpe First Official Pictures 17 September 2009 14:00 Kia chose the 2009 Frankfurt Motor Show to introduce its new hatchback-cum-SUV, the Venga. But attracting more attention were hybrid versions of two of the South Korean manufacturer’s other models, the just-facelifted Ceed and new Sorento. In two very different ways.