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United States, United States
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General Motors spending $131 million to upgrade Corvette plant
Wed, 04 May 2011General Motors is spending $131 million on its Bowling Green, Ky., assembly plant to prepare it to build the next-generation Corvette. The plant will spend the money on manufacturing equipment, specialized tooling and plant updates, said Mark Reuss, GM's president of North America. The plant will add about 250 jobs, which will boost its workforce by about 50 percent, to about 750 workers.
Skoda Octavia & Skoda Superb go 4×4
Thu, 04 Nov 2010The Skoda Octavia gets 4x4 and DSG 'box We had a shout out for Skoda and what they do to make VW product their own when we ran story the other day on the new advert for the Skoda vRS, which shows how individual and inspired Skoda now are. Most of the time, anyway. Not only are Skodas inspired and individual, they are also something of a bargain compared to their VW brethren.
Swedish court rejects Saab creditor-protection plea; Saab will appeal
Thu, 08 Sep 2011A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.