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GM sees no potential buyers for Saab
Thu, 08 Jan 2009General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.
Volvo S80 gets new diesel engine
Thu, 08 Jan 2009Most of the talk in the last few months about Volvo has revolved around Ford’s efforts to ditch the last of its prestige marques in its fight for survival. Poor old Volvo appears to have been hawked around the world’s car makers in the hope of finding a fit for the pride of Sweden. But there have been no takers so far, not even Volvo trucks or the Swedish Government.
Holden to build new Astra-based car in 2010
Tue, 23 Dec 2008Holden to build new Astra-based car in 2010 By Ben Pulman First Official Pictures 23 December 2008 16:31 Holden will start building an all-new small car in Australia from 2010. It’ll be based on GM’s Delta small car platform, which underpins the new Vauxhall/Opel/Saturn Astra and Chevrolet Cruze, and this solitary teaser picture reveals next-gen Astra design cues grafted onto a three-box saloon shape. No.