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Saab unions threaten bankruptcy action over unpaid wages

Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.

BMW releases official X5 M video

BMW releases official X5 M video By Ben Pulman Motor Industry 23 December 2008 10:00 BMW clearly thinks the time is right to release an official video of the X5 M testing at the Nurburgring. It’s the car, along with the X6 M, that’s caused BMW to can the M3 CSL – and risk alienating a generation of M division fans. Afraid so.

Volkswagen launches 'Future of the Car'

Volkswagen has launched a new micro-site which looks at what people may be driving in the future - or whether they will be driving at all. Revolving around a short film set in the year 2028, in which a father tells his son about the automobile world of 20 years ago, the website showcases the Wolfsburg-based automaker's vision of the automotive world 20 years from now. These 'visions of the future', which take shape in the form of three autonomous concept cars called the 'One', 'Ego' and 'Room', offer an insight into the automotive world of tomorrow as seen through the tinted spectacles of Volkswagen developers and designers.