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Saab secures investment from China et al
Tue, 03 May 2011China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.
2008 Fiat’s best year EVER!
Mon, 26 Jan 2009Didn’t they do well!? Fiat has just announced that, despite the doom and gloom in the car world in 2008, particularly in the last quarter, they have had their best year ever, with their trading profit up by 4% and turnover by 1.5% to €60 billion. Well done them.
Cadillac joins Lexus atop study of customer satisfaction
Tue, 18 Aug 2009Cadillac joined Lexus as the brand with the most-pleased customers this year, as Detroit makes held three of the top five posts in an annual University of Michigan study of customer satisfaction. Cadillac rose from No. 2 last year to match Lexus with a score of 89 in the American Customer Satisfaction Index, released Tuesday.