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The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Volkswagen at the Paris motor show 2008

By Ben Whitworth Motor Shows 02 October 2008 10:16 Volkswagen is calling it a concept, but its new Golf GTI study is pretty much the real thing. Bar a few minor tweaks, what you see here is what will start rolling out of Wolfsburg in spring 2009. And to keep the eco brigade happy, VW also showed its new Passat BlueMotion II that comes with some astonishing economy figures.

As Winter Approaches 4x4 Values Are On The Rise

YOU know winter is here when the forecast is for rising 4x4 prices in the used market. Just like in summer when you can guarantee convertible premiums will rise faster than an electric roof, the prospect of rain, wind and snow is said to be driving up the values of sought after SUVs. According to data from British Car Auctions (BCA) the trend is already well advanced, with values in October showing a 7.3 per cent increase over September.