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Walnut, California, US
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Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection
Mon, 01 Sep 2014Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.
First Dacia Duster SUVs leave India bound for the UK
Fri, 30 Nov 2012The first Dacia Duster SUVs built in RHD for the UK market left India this morning to help satisfy Renault’s growing order book for the Duster. With the sort of response the Duster has received in the UK – with prices for the entry-level Duster starting at just £9k – Renault are no doubt wishing they’d brought the Duster to the UK sooner. But such was the demand for the Duster in mainland Europe and emerging markets that they just couldn’t get production of RHD Dusters organised for the UK until now, when Renault’s plant at Oragadam, near Chennai in India, finally managed to satisfy its home market demand sufficiently to leave enough capacity for RHD cars bound for the UK and Ireland to roll off the production line.
Ford recalls minivans, SUV
Wed, 11 Jan 2012Ford is recalling nearly half a million vehicles to fix defects that can cause fires or loss of power. About 205,800 copies of the Ford Freestar and Mercury Monterey minivan from the 2004 and 2005 model years are being recalled, because torque-converter output shafts in the transaxle might fail and cause power loss. Ford is also recalling 244,530 Escape SUVs from the 2001 and 2002 model years, which might have brake-fluid leaks that can cause corrosion and fire.