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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.
A car guy goes back to Washington
Mon, 08 Nov 2010If there was a Car Guy Party, John Campbell would run on that ticket. Campbell is a member of the U.S. House of Representatives in Washington, D.C., representing the 48th District in Orange County, Calif., where he was re-elected decisively last week.
Red Bull do doughnuts on the Burj Al Arab Helipad to celebrate F1 title (video)
Fri, 01 Nov 2013David Coulthard gives the thumbs up whilst doing doughnuts Sebastian Vettel may be cool, collected and composed behind the wheel of his Red Bull F1, but even an in-control German needs to let off steam when he’s just taken his fourth F1 drivers title in a row. So at last week’s Indian Grand Prix, Seb celebrated his title win by producing a series of doughnuts in his car on the finish line, much to the annoyance of FIA officials who fined him €25k for his celebrations. But the latest doughnuts by an F1 team won’t have the FIA up in arms (probably) even if the stunt Red Bull have pulled to mark their latest achievements will give anyone who’s afraid of heights the heebie-jeebies.