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Saab unions threaten bankruptcy action over unpaid wages
Thu, 23 Jun 2011Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.
Volvo V40 Cross Country arrives
Wed, 19 Sep 2012Volvo has revealed the 2013 V40 Cross Country, a new variant on the new V40, offering a more rugged option for the V40 range. We thought it was going to be the Volvo XC40 – denoting an SUV come crossover version of the new V40 – but Volvo has decided that their more rugged version of the V40 will take the Cross Country name - first used on the V70 in 1997 – and so we get the new Volvo V40 Cross Country. Following on from the new V40 R-Design, revealed last week, Volvo now offers a V40 they say is for ‘those who want a sense of adventure in their everyday life‘ – in other words, this is a slightly more rufty-tufty V40.
Baby Rolls revealed as boss leaves
Fri, 14 Mar 2008By Tim Pollard Motor Industry 14 March 2008 07:33 CAR today reveals the look of the new 'baby' Rolls-Royce - just as it is announced that boss Ian Robertson will head back to BMW as Munich's new sales and marketing boss. The new model due in 2010 will nudge the most famous of luxury brands downmarket nearer upper-echelon Merc S-classes, but the 49-year-old chief exec won't be around to see the launch of the landmark model.The baby Rolls-RoyceThe Phantom family has now grown to three models, after the Coupe was unveiled at this month's Geneva Motor Show to join the Drophead Coupe. And in 2010 Rolls-Royce will launch RR4 - the new £170,000 baby Rolls to stretch the brand 'downmarket' and plug the gap between cheaper Bentley Continentals and the super-luxury models from Rolls and Maybach costing nearer a quarter of a million pounds.It will be longer than the next-generation LWB BMW 7-series, upon whose mechanicals RR4 is based.