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2012 Hyundai Veloster stickers at $18,060
Wed, 24 Aug 2011Hyundai has set the base price of the 2012 Veloster with six-speed manual transmission at $18,060, including destination. The three-door Veloster will also be available with six-speed EcoShift dual-clutch transmission for $19,310. Hyundai says it means for the front-wheel-drive car to appeal to the same group of buyers as the Mini Cooper, the Volkswagen Beetle and the Scion tC.
Saab gets a ray of hope from China
Sun, 11 Sep 2011Victor Muller sees a glimpse of sunshine from China The saga that is the long and painful demise of Saab seemed to reach its nadir last week when courts in Sweden refused to offer the beleaguered car maker sanctuary in its protection. We thought that would be the end for Saab – despite a never-say-die appeal of the decision by Victor Muller, due to be heard tomorrow – with nowhere left to hide from trade supplier debts of €150 million, and the wrath of Sweden’s unions ready to file for Saab’s bankruptcy over unpaid wages for Saab employees. The nadir for Saab should reasonably be followed by its rapid consignment to the annuls of motoring history, but a tiny glimmer of hope has risen from Saab’s putative investors in China.
Toyota U.S. operations moving to Texas
Mon, 28 Apr 2014After 57 years in Los Angeles, Toyota Motor Sales U.S.A. is moving its sales and marketing headquarters to Plano, Texas, sources close to the matter said. The move will occur in stages and take two years to complete, according to sources.