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Saab unions threaten bankruptcy action over unpaid wages

Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.

Bill Ford steps down

By Angus Fitton Motor Industry 06 September 2006 08:50 Bill Ford is set to step aside as chief executive of Ford Motor Company. Replacing him is 61-year-old Alan Mulally, previously the boss of Boeing's commercial aircraft division. Ford stepped down as part of a major management reshuffle designed to reverse the ailing fortunes of the world’s third largest car manufacturer.

Frankfurt Motor Show 2013 – Trends and Overview

The bi-annual Frankfurt motor show is always an exhibition of Germanic industrial might – for better or worse – and 2013 was no exception. Despite news of flat-lining car sales across Europe, the show was one of the defiant rolling out of new models. The number of production cars and production previews of cars that would be appearing in (presumably quiet) showrooms soon was impressive.