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Bernie Ecclestone wants Saab – Spyker make new bid
Fri, 08 Jan 2010Bernie Ecclestone is behind the Genii bid for Saab I think if we tried really hard we could be doing at least one story a day on the saga that is the sale of Saab by GM. There’s no point re-hashing the history – if you read here regularly you’ll have had your fill of the story that’s more like a Soap Opera than a business deal, but if you want all the back stories just look under Saab. But now – at the 11th hour – we have two new bits to add to the story.
Saab unions threaten bankruptcy action over unpaid wages
Thu, 23 Jun 2011Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.
Porsche Boxster: First official photographs
Wed, 11 Jan 2012Fresh from revealing the latest 911 cabriolet at the Detroit auto show, Porsche has issued these first official photographs of its third-generation Boxster. Photos and information about the Boxster appeared on the Internet ahead of the Porsche's planned release time set for early Thursday morning. Set to get its first public airing at the Geneva motor show in March, the thoroughly re-engineered roadster gets a lightweight aluminum body, a roomier 911-style interior and the choice of two heavily upgraded versions of the German carmaker's classic horizontally opposed six-cylinder--both now boasting direct injection, slight gains in power and, thanks to a host of new fuel-saving features, impressive reductions in combined-cycle fuel consumption.