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Halewood Confirmed As Home Of New Discovery Sport
Thu, 19 Jun 2014THERE’S good news coming out of Merseyside, as Jaguar Land Rover has announced that its new Discovery Sport model will be built at the firm’s Halewood plant. The decision will see the creation of 250 new jobs, resulting in the current workforce trebling in four years to 4,750, as the firm plans to invest more than £200m in the venture. Commenting on the announcement, Jaguar Land Rover CEO, Dr.
Saab gets approval for voluntary reorganization on appeal
Wed, 21 Sep 2011...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.
Arizona auctions: Early days filled with optimism
Fri, 21 Jan 2011The sun kept shining--both as a metaphor and in reality--while the cars were selling at the Arizona auctions. As of late Thursday, Barrett-Jackson had completed three of its six days of sales. Preliminary numbers assembled by on-site reporters indicate total sales of $20.2 million at the halfway mark, with 100 percent of the 656 cars on offer sold.