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Benton Harbor, Michigan, US
Tail Lights for Sale
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Saab parent company to sell Spyker luxury brand to U.S. firm
Thu, 29 Sep 2011Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.
UK sales slide continues: 'worst market for 17 years'
Mon, 06 Oct 2008By Tim Pollard Motor Industry 06 October 2008 12:22 Britain's new car market is in deep trouble, official sales figures today confirm. September is historically one of the two biggest registration months of the year, as buyers rush to snap up the autumn's new number plate – yet sales were down by a fifth last month. The Society of Motor Manufacturers and Traders, which collates sales data from dealers, called it 'stormy September', as new-car registrations plummeted by 21 percent from last year's figure to 330,295.
Former Fiat exec will revive iconic De Tomaso sports-car brand
Thu, 19 Nov 2009Italian businessman Gian Mario Rossignolo plans to revive the De Tomaso sports car brand. The former Fiat S.p.A marketing executive aims to build 8,000 De Tomaso cars a year in a former Pininfarina S.p.A. factory near Turin.