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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.
Mitsubishi plans ‘Colt-successor' for the United States around 2012
Thu, 03 Dec 2009Mitsubishi plans to bring a global small car to the United States sometime around 2012. It would be the successor to the Colt small car currently sold in Europe and Asia. The new car would be all-new, and the name has not been decided yet, a spokesman said, referring to it as the “Colt-successor.” “There's obviously a need for a very small car,” Mitsubishi spokesman Moe Durand said.
MINI Graphite – yet another MINI limited edition
Tue, 05 May 2009The MINI Graphite Edition - the latest MINI special. They’re all at it. Limited editions offering extra kit for less money seems like a good way to tempt buyers back in to car showrooms.