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The Saab Saga – now it’s a share sale to raise cash
Thu, 04 Aug 2011Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.
A14 expansion 'could break emissions laws'
Wed, 16 Oct 2013PLANS for tackling congestion on a busy A-road could leave the Government in breach of legal limits for air pollution, according to the Campaign for Better Transport (CBT). The CBT is warning that the Government's £1.5 billion A14 corridor in East Anglia would not only significantly worsen air pollution across a wide area; it could actually push a number of locations above current EU legal limits. The Government's proposal to tackle congestion within the A14 corridor includes widening parts of the A14 and the A1 and building a new dual carriageway around Huntingdon.
Mercedes AMG has best year ever
Wed, 04 Feb 2009With car sales plummeting in 2008 (and likely to be worse in 2009) there aren’t many bright spots around. But performance saloons are certainly one of them. As we reported back in December, BMW’s M Division had a cracking year, with sales of nearly 27,000 for the year.