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Saab gets a ray of hope from China
Sun, 11 Sep 2011Victor Muller sees a glimpse of sunshine from China The saga that is the long and painful demise of Saab seemed to reach its nadir last week when courts in Sweden refused to offer the beleaguered car maker sanctuary in its protection. We thought that would be the end for Saab – despite a never-say-die appeal of the decision by Victor Muller, due to be heard tomorrow – with nowhere left to hide from trade supplier debts of €150 million, and the wrath of Sweden’s unions ready to file for Saab’s bankruptcy over unpaid wages for Saab employees. The nadir for Saab should reasonably be followed by its rapid consignment to the annuls of motoring history, but a tiny glimmer of hope has risen from Saab’s putative investors in China.
Hyundai incentive includes job loss insurance
Tue, 06 Jan 2009During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms. Not when they were worried about losing their jobs. "The question for consumers right now is what is going to happen to their income in 2009," Ewanick told Automotive News.
Rolls-Royce 200EX concept (2009): first official photos of baby Roller
Thu, 19 Feb 2009By Gavin Green First Official Pictures 19 February 2009 17:00 Rolls-Royce will show its new ‘baby’ car – though these things are relative – at the upcoming 2009 Geneva motor show, a year before sales commence in spring 2010. The Geneva ‘concept’ car is tagged 200EX but don’t be fooled by the experimental suffix. It’s the real thing – Rolls’ new £180,000 RR4 saloon (the production name is still secret).