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Lexus sales up but Toyota's profits tumble
Wed, 13 Aug 2008By Ben Whitworth Motor Industry 13 August 2008 13:25 With spiralling fuel prices, luxury off-roaders may be seen as the devil on wheels in the UK’s current cash-strapped economic climate – which would explain why last month saw a sharp drop in SUV sales at BMW, Audi and Mercedes. But not at Lexus. July 2008 sales of the company’s RX400h hybrid off-roader climbed 28 percent over the same period last year, rising from 223 to 285.
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.
2011 / 2012 Saab 9-5 SportCombi spied undisguised
Thu, 03 Feb 2011Saab 9-5 SportCombi spotted near Trollhattan From a flurry of activity when Spyker finally got hold of Saab from GM nearly a year ago, news from Trollhattan has not been exactly flowing out in an endless stream. And good news hasn’t really been the keynote for the first year of Spyker’s ownership of Sweden’s second favourite car maker. The new Saab 9-5 – although well received in terms of design and equipment – was a bit of a let-down in terms of dynamics and comfort.