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GM sees no potential buyers for Saab
Thu, 08 Jan 2009General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.
New 2015 Nissan Murano SUV teased ahead of New York reveal (video)
Tue, 25 Mar 2014New Nissan Murano teased ahead of New York debut The Nissan Murano may no longer be sold in the UK, but that is likely to change with the arrival of a new Murano, teased ahead of its debut at the New York Motor Show next month. The new Murano will be Nissan’s halo SUV, and its design is based on the Nissan Resonance Concept we saw at Detroit last year featuring something Nissan called ‘V-Motion’ design. That means design that flows from a statement grill and boomerang-like headlights along strong crease lines on the flanks to a kick-up shape at the rear.
Koenigsegg backs out of deal to buy Saab
Tue, 24 Nov 2009Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.