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Spyker slaps GM with $3 billion lawsuit
Mon, 06 Aug 2012Spyker, the Dutch supercar firm and owner of Saab, hit General Motors with a $3 billion lawsuit Monday, claiming GM forced Saab into bankruptcy and interfered with a potential deal with Chinese investors that could have saved the company. Spyker is suing on behalf of Saab, assuming legal costs in exchange for a significant proportion of any potential award. Saab went into bankruptcy in December 2011.
GM to halt medium-duty truck production
Mon, 08 Jun 2009Production of the Chevrolet Kodiak and the GMC Topkick medium-duty trucks will cease by July 31, General Motors said Monday. GM has spent four years searching for potential buyers for the truck business, but has decided to wind down its medium-duty truck operations. In 2007, Navistar International Corp.
Nissan Sentra adds sporty-looking FE+ 2.0 SR to Sentra lineup
Wed, 11 Mar 2009Most of us at AutoWeek value speed and style, but there are people out there who are perfectly fine with just looking the part. For them, Nissan has announced the addition of the FE+ 2.0 SR to the Sentra lineup. Previously, the only way to get a more aggressive looking Sentra from the factory was springing for SE-R models.