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Saab: Muller seeking €600 million Chinese Bank loan to placate GM
Thu, 08 Dec 2011Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.
Maserati sales up 4-fold in UK & Europe this year
Mon, 12 May 2014The Maserati Ghibli (pictured) helped Maserati to strong sales in UK & Europe Maserati are on a mission to revive sales for the marque after years of being just an afterthought for car buyers fancying something interesting and Italian. And it seems to be working. The new Maserati Ghibli (and the Quattroporte) are starting to appeal to car buyers in the UK and Europe so much that sales so far in 2014 are up by 420 per cent on 2013, and although the actual numbers aren’t massive, the progress certainly is.
Mahindra says it has dropped Global Vehicles as U.S. importer
Fri, 27 Aug 2010India's Mahindra & Mahindra Ltd. said it has terminated a four-year agreement with its independent U.S. importer, Global Vehicles U.S.A.