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Saab files for bankruptcy: the end of the Swedish saga
Mon, 19 Dec 2011Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.
Fiesta sticker will start at $13,995
Fri, 04 Dec 2009The 2011 Ford Fiesta will carry a base price of $13,995 including shipping for the four-door sedan when it goes on sale next summer. The base five-door Fiesta will sticker for $15,795. The Fiesta, Ford's newest nameplate, is slightly smaller than the Focus.
Jaguar Land Rover may build cars in Saudi Arabia
Tue, 11 Dec 2012Jaguar Land Rover is planning to create a new factory in Saudi Arabia, subject to the outcome of a feasibility study of the kingdom, it announced today. The move centres around a planned partnership with Saudi Arabia's National Industrial Clusters Development Program (NICDP), helping JLR advance its aluminium platform technology. What are the details of the JLR-Saudi deal?