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Record British car exports

By Ben Oliver Motor Industry 29 January 2008 11:27 Britain exported more cars in 2007 than in any previous year, with total production up six percent to over 1.5 million. A record 1.18m cars, or 77 percent of production, were sent overseas. Britain’s record year for car production was 1972, when 1.9m cars were produced.

2013 Buick Encore priced at $24,950

The 2013 Buick Encore crossover will cost $24,950, including a $750 destination charge. The top trim package, called Premium, will sticker at $28,940. A 1.4-liter turbocharged engine will power the small SUV, which competes against the Acura RDX, Hyundai Tucson and the Ford Escape.

Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.