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Ford racks up $2.6 billion profit
Fri, 23 Jul 2010Ford Motor Co. reported a second-quarter profit of $2.6 billion as U.S. sales rose 20 percent and the automaker continued to gain market share.
Smart Fourjoy concept (2013) at Frankfurt motor show
Thu, 05 Sep 2013Nauseating name aside, the Smart Fourjoy concept isn’t just a spot of fun from Daimler’s city car arm: it’s actually a preview of the new Smart Forfour supermini, which will go on sale in 2014. This latest concept car follows on from the ForUs and Forstars concepts first show in 2012. Why doesn’t the Smart Fourjoy (cringe) have any doors?
Koenigsegg signs deal to buy all of Saab
Tue, 18 Aug 2009By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.