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Saab increase pay for Board members as Swedish Debt Office circles
Fri, 19 Aug 2011Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.
Interior Motives China Conference 2007
Mon, 21 May 2007There are 1.3 billion people in China, with 38 million cars between them. 7 million new cars were sold last year, nearly 9 million are expected to sell this year - a growth rate of over 25%. Of the 140 different Chinese car companies, the top ten are responsible for 85% of sales.
BMW i8 Spyder Concept Video
Mon, 02 Apr 2012BMW i8 Spyder Concept Video With the reveal over the weekend of the BMW i8 Spyder Concept, we now get the first video of the open top i8. The weekend was a busy one for the new BMW i8 Spyder Concept. We had the first photo leak of the i8 Spyder on Saturday which obviously galvanised BMW in to action as they revealed a full set of official photos of the i8 Spyder on Sunday morning.