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Saab's finance struggle: the latest news
Fri, 13 May 2011Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed. Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.
Toyota Avensis updated
Thu, 06 Aug 2009Toyota has upgraded the Avensis with new engines and spec changes First up is a new, entry-level 1.6 litre petrol Valvematic, which offers 0-60 mph in a bit over 10 seconds, and returns 43.5 mpg. Available in T2 and TR grade saloon and tourer models, the petrol engine gets mated to a six-speed manual ‘box Also new is the 2.2 litre diesel with 148bhp and a 0-60 of 9.5 seconds. This gets Toyota’s 6-speed auto ‘box.
UK car sales slump as credit crunch bites
Mon, 07 Jul 2008By Nigel Wonnacott Motor Industry 07 July 2008 13:18 It’s finally happened. The new car market has succumbed to the economic slowdown and punters are staying away from showrooms in droves. Latest figures from industry trade body the SMMT showed an 11.9 percent fall in private sales in June 2008 to 83,425 cars.