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Saab files for Bankruptcy
Mon, 19 Dec 2011Saab Bankrupt It looks like Victor Muller’s dream of saving Saab is over with Saab shares suspended and the company filing for bankruptcy. Saab has produced nothing since April and has lurched from crisis to crisis ever since. Victor Muller has pulled every trick he knows – and some he didn’t know he knew – to keep Saab afloat, but it looks like it’s all for nothing.
Mercedes C-Class gets special edition ‘Edition C’ & new C220 CDI 4MATIC
Mon, 08 Apr 2013The Mercedes C-Class range is getting a new special edition model – the Edition C – with cosmetic and equipment upgrades and a new 4MATIC C-Class. The current model of the Mercedes C-Class has been around for a while and is due for an upgrade in 2014. But with a year to go before we get a new C-Class, Mercedes has launched the special edition ‘Edition C’ models to inject some new showroom appeal in the C-Class range.
Senate considers more funds for cash-for-clunkers program
Tue, 04 Aug 2009The cash-for-clunkers program is running on fumes, and government officials are working to get more funds for the popular program before the end of the week. A plan to add $2 billion to the fund passed the House and is being considered by the Senate, where is appears to have support, Reuters reports. The initial $1 billion clunkers outlay is nearly exhausted.