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Electrical Systems for Sale
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New range-topping BMW X7 SUV confirmed
Fri, 28 Mar 2014BMW has officially confirmed it will add a new range-topping SUV called the X7 to its lineup. The X7 will be the largest SUV ever produced by BMW, offering seating for up to seven in three rows of seats. X7 production will start in 2016 at BMW's Spartanburg plant in South Carolina.
Saab files for reorganization, seeks $1 billion to survive
Fri, 20 Feb 2009Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.
Misconduct behind Charles Morgan dismissal
Tue, 22 Oct 2013New documents have emerged showing Charles Morgan was sacked from Morgan Motor Company due to four counts of alleged misconduct. Information seen by Autocar outlines that the decision was made by the members of the board of Morgan Technologies – a panel on which some of Charles Morgan’s own family sit. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader In a board meeting earlier this year – held while then company strategy director Morgan was away on leave due to health problems – Morgan Motor Company executives determined that Charles Morgan had posed as company chairman, despite his demotion back in February 2013.