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Spyker warns that Saab's future is 'uncertain' without fresh funds
Fri, 01 Apr 2011Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.
Bruce Meyers, the Meyers Manx and 50 years of unfinished business
Wed, 14 May 2014They left the staging area at 1 in the morning. The Manxter Dual Sport dune buggy was holding by faith alone -- it had been repaired over and over again, parts tied or taped together, seldom replaced; covered in the acrid dust of the desert, a dust that fills your lungs and face, a dust that worms its way into the cabin and across every surface. The GPS navigation was out.
Toyota Recall Update: Half of UK cars now fixed
Mon, 15 Mar 2010Toyota has fixed half of the 180k cars recalled over the sticky throttle problems It seems like forever ago that we revealed the enormous problems Toyota had with a mass worldwide recall on a chunk of the cars they’ve produced in the last few years, but it’s actually only a little over a month – even less since we reported on the Prius recall. But having reported the negatives about Toyota – deservedly so – it’s only fair to report the positives. The Toyota Recall for the sticky accelerator affected a rather significant 180,965 cars in the UK alone.