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2013 Dacia Sandero Revealed
Tue, 18 Sep 2012The new 2013 Dacia Sandero 2 – a Fiesta sized budget offering – has been revealed ahead of a public debut at the 2012 Paris Motor Show. Yesterday we had news of Renault’s cut-price Dacia Logan – which may come to the UK – and today we get news of the Dacia Sandero 2 – beloved by James May – which will debut at Paris at the end of the month and is definitely heading for the UK. The Sandero has been a big-seller throughout Europe for years but now, with the launch of the Sandero 2, Dacia has decided the time is right to make their budget supermini available in the UK alongside the new Dacia Duster SUV.
More executive upheaval as GM changes CFO
Thu, 10 Mar 2011Chris Liddell, the onetime executive hotshot hired from Microsoft and rumored to be a candidate for CEO, is leaving General Motors on April 1. The 52-year-old will be replaced by Dan Ammann, 38, who is GM’s treasurer. Liddell oversaw GM’s historic return to the stock market last year after its 2009 bankruptcy.
Saab gets approval for voluntary reorganization on appeal
Wed, 21 Sep 2011...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.