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Start up mobility van maker VPG shuts down
Wed, 08 May 2013Van maker Vehicle Production Group -- recipient of a $50 million loan from the U.S. Department of Energy -- has suspended operations and is in the process of being sold, its former CEO said Wednesday. The Allen Park, Mich., company, which made MV-1 vans for the disabled, terminated about 100 workers and closed its offices in February.
Spyker makes a new offer for Saab; General Motors will evaluate
Sun, 20 Dec 2009Spyker Cars said Sunday it had submitted a new offer for the Saab brand. Spyker CEO Victor Muller said an 11-point proposal had been handed to General Motors addressing each of the issues that arose during due diligence after the Dutch company originally bid for Saab. Muller said the new offer would remove the obstacles that were standing in the way of a swift sale of Saab to Spyker.
Toy Taurus SHOs arrive in time for the holidays
Tue, 07 Dec 2010With the holiday season upon us, enthusiasts are looking for ways to broaden their collections without breaking the bank. To that end, an Indianapolis company is making the Taurus SHO a bit more accessible. GreenLight Collectibles is offering 1:24 scale replicas of the reborn Taurus SHO in the factory-correct paint schemes of red candy (limited to 756 copies), tuxedo black (504 units) and ingot silver (504 units).