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Saab files for reorganization, seeks $1 billion to survive
Fri, 20 Feb 2009Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.
Chrysler brings back Shaker, Scat Pack for Challenger, Charger, Dart
Tue, 05 Nov 2013Dodge and Mopar are bringing the Shaker hood back from the dead at the 2013 SEMA Show. The blurry-lettered scoop and high-flow air filter will make their next appearance on the 2014 Dodge Challenger R/T Shaker in Las Vegas. The company will also show off its new Scat Pack upgrades and its annual Mopar vehicles.
TomTom unveils latest navigation system
Wed, 05 Jan 2011TomTom’s Go 2505 M Live navigation system debuted on Wednesday at the 2011 International Consumer Electronics Show in Las Vegas. The new system will be the first to offer TomTom’s HD traffic service, which provides drivers with accurate information for all major roads in real time and which updates every two minutes. The new system also includes voice recognition and Bluetooth hands-free calling.