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Saab increase pay for Board members as Swedish Debt Office circles
Fri, 19 Aug 2011Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.
Nissan cuts the price of the Micra to £7,995
Thu, 11 Oct 2012The Nissan Micra is getting a price cut in the UK, with the entry-level Micra dropping to just £7,995 and price cuts across the Micra range. That means the entry-level Micra 1.2 12v Visia comes down form a not exactly bargain basement £9,750 to a much more appealing £7,995. And Nissan hasn’t done it by cutting equipment levels, as they say every model still gets the same level of equipment, including Bluetooth.
You don't have to wait until 2011 to go topless in a Camaro
Fri, 21 Aug 2009Spending $16,000 or more to make a Camaro into a Camaro convertible isn't a rational decision, but we can certainly understand people wanting one. We drove the concept version of this car from Chevrolet two years ago ("Top This!" AW, July 2, 2007) and loved it. Back then, Chevrolet planned to release a convertible version of the new Camaro in November 2009, but an economic cliff intervened, pushing production to the second quarter of 2011.