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Renault Scenic unveiled at Geneva motor show 2009
Tue, 03 Mar 2009By Tim Pollard First Official Pictures 03 March 2009 11:00 Practicality is the name of the game here. The Scenic led the charge into compact MPVs back when the genre was in its infancy – and you can tell how long ago that was by the fact that Renault today launched the third-generation Scenic and Grand Scenic duo. No prizes for guessing they’re closely related to the Megane hatchback family, so much of the hardware is shared.
Computers help to prepare teen drivers
Mon, 07 Sep 2009From simulated driving to choosing the best driving school, teen drivers have more options than the standard state-mandated course. Supplemental programs may further help teen drivers to prepare for on-the-road experiences. Simulators are among new technology that has recently been introduced to teen drivers, and it is considered beneficial training as it is able to offer diverse experiences.
Saab unable to pay wages as financing crisis deepens
Fri, 24 Jun 2011Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.' While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.