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Qvale, nearing 90, sees life after crash for U.S. industry

The troubles roiling Detroit's automakers are familiar to Kjell Qvale, the legendary importer and dealer in San Francisco. Qvale, who turns 90 on July 17, has seen this movie before. For instance, many of the British automakers that Kjell Qvale (shel kah-VAH'-lee) depended on for sports and luxury cars collapsed in the 1970s.

Car thieves shun 4x4s

By Nigel Wonnacott Motor Industry 01 July 2008 11:36 Greens hate their CO2 emissions, campaigners may question their safety record and owners might be feeling the pinch at the pump. But 4x4s can claim at least one advantage over smaller cars; they are among the least likely types of car to be stolen. According to the latest Home Office Car Theft Index, just four in every thousand 4x4s and people carriers in Britain were stolen in 2006, compared to seven for Fiesta and Astra-sized cars.

Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.