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Spyker warns that Saab's future is 'uncertain' without fresh funds
Fri, 01 Apr 2011Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.
Concept Car of the Week: Mercedes-Benz VRC (1995)
Fri, 31 May 2013The question of automobile versatility has been a real challenge for decades. Nowadays, car manufacturers keep coming up with hundreds of new segments, sub-segments, crossovers, and crossovers of crossovers... Most of them end up Jack-of-all-trades, master of none.
2014 Toyota Corolla loses Furia's flair, but theme remains
Thu, 13 Jun 2013The all-new 2014 Toyota Corolla debuted last week with a fresh look, confirming that the Furia concept Toyota brought to the Detroit auto show was more than just an exercise in styling. The Furia concept's sporty and flashy design intrigued us, and while the 2014 Corolla is an upgrade from the bland Corollas of the past, it also glosses over most of the flair of the Furia. So, what hints did Toyota reveal with the Furia concept, and what got cut on the design-room floor?