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Saab increase pay for Board members as Swedish Debt Office circles
Fri, 19 Aug 2011Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.
Noble saved by cash injection
Mon, 18 Sep 2006By Ben Oliver Motor Industry 18 September 2006 09:30 British supercar maker Noble Cars has fought back from the brink, thanks to a cash injection from a new mystery backer. In an exclusive interview with CAR Online, boss Lee Noble vowed that the M15 – Noble's Ferrari fighter – would go on sale in early 2007. 'I have successfully teamed up with a dedicated owner who shares my commitment, passion and vision for the future of Noble cars,' said Noble.
Crystal Windham appointed Director of GM North American Passenger Car Design
Thu, 13 Nov 2008Crystal L. Windham has been appointed Director of General Motors North American Passenger Car Design as of November 1, 2008. In her new position, Windham will head the interior design for the following architectures in GM North America: Global Midsize Car, Global Compact Car, and Global Small Car.