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CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.
Thu, 24 Nov 2011Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.
General Motors to drop Goodwrench brand in the United States
Mon, 08 Nov 2010UPDATED -- General Motors Co. is dropping the GM Goodwrench car mechanic brand in the United States as the company moves to redirect the marketing emphasis around its four core vehicle brands, the company announced. The long-standing Goodwrench brand--used by GM dealers to promote vehicle repair and maintenance services--will be replaced by Chevrolet Certified Service, Cadillac Certified Service, Buick Certified Service and GMC Certified Service, GM said in a statement released Monday evening.
New Hyundai SUV to show at Geneva
Mon, 09 Feb 2009And now Hyundai is looking to make an impact on the compact SUV market, with the announcement of an “Urban Nomad” concept (whatever that is) to be shown at Geneva next month. Hyundai HED-6 SUV Concept will show at Geneva It looks like Hyundai are trying to create an aggressive and contemporary looking vehicle that can be utilised in today’s urban landscape for a multitude of uses. Sporting chunky 21″ wheels, angular style lines, swept-back headlights and a very stylised rear window made of Lexan plastics instead of glass.