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VW Routan minivan to be dropped from lineup
Thu, 28 Mar 2013Volkswagen will end sales of the Routan minivan, a rebadged Chrysler-built minivan that VW has sold since 2008, the company's top U.S. executive said Wednesday. The Routan will be phased out this year, with most units destined for "internal purposes" such as VW's corporate fleet, said Jonathan Browning, CEO of Volkswagen Group of America.
Porsche BlueSport back on – but we knew that
Thu, 28 Jan 2010It looks like the baby Boxster - the Porsche BlueSport - is in the planning. Last year it was a case of ‘Spot the BlueSport’ as rumours ran wild over which parts of the VW Group (what happened to re-naming it Auto Union – another of last year’s rumours?) would run with the ‘Baby Roadster’ platform VW had developed. Well it finally looks as if the rumours are starting to become substance.
Saab seeks court protection from creditors
Wed, 07 Sep 2011Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.