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UK car production slumps, state help sought

By Digby Fullam Motor Industry 21 November 2008 14:30 The full effect of the downturn in the global economy is being felt by the UK motor industry, new figures out today reveal. Car production at British factories fell by 29.5% from October 2007's figure.  That makes it the worst October production figures since 1991 which, if you’ll cast your mind back, was the last recession. The Society of Motor Manufacturers and Traders blamed the slump on 'a rapid reduction in demand for motor vehicles.' It’s not just us Brits that aren’t buying cars, either.

Saab: Vlad Rides to the Rescue

Vladimir Antonov rides in with €30 million for Saab's coffers It was always an odd move by GM, or the Swedish Government, or whoever it was that decided the deal  for Spyker to buy Saab could only go through if Spyker’s money man – Vladimir Antonov – stepped down. It’s understandable if you have genuine concerns about the credentials of a party to the deal, but taking Vlad out of the equation was an accident waiting to happen. Without Vlad there was no financial safety net for Saab.

Vehicle dependability surged in 2009, J.D. Power survey finds

In the depths of the Great Recession that threatened their existence, automakers built better vehicles. A lot better. The improvement in dependability of three-year-old 2009 vehicles from the year before was one of the biggest ever measured in the J.D.