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Dragsters for Sale
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Hot European sales delay U.S. launch of the BMW X1 possibly until 2012
Mon, 17 Jan 2011BMW won't launch the X1 small crossover in the United States before late this year, and the vehicle may not arrive until 2012 because of hot demand in Europe. "We are supply constrained," said Jim O'Donnell, CEO of BMW of North America. "As long as they keep selling them, I do not know when we are going to get it." The decision to delay U.S.
Saab gets approval for voluntary reorganization on appeal
Wed, 21 Sep 2011...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.
Warning over congestion charge scam
Thu, 16 Jan 2014DRIVERS in London are being warned to look out for unofficial Congestion Charge websites that charge as much as a £6 premium to pay the congestion fee to drive into central London. Following an Advertising Standards Agency (ASA) ruling, the ASA upheld three complaints relating to the paylondoncongestion.co.uk. The ruling said this site was "likely to lead consumers to believe that the web page was an official method of paying the London congestion charge and was affiliated with Transport for London (TfL)." TfL says the case relates to just one of a number of websites that offer to pay the Congestion Charge on behalf of drivers, but these sites are not official payment channels and can charge up to £6 for the service.