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Saab deal no longer valid says Pangda Chairman. The end of Saab?
Wed, 12 Oct 2011Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.
NASCAR: Rule changes to be clarified
Mon, 24 Jan 2011The 29th annual NASCAR Sprint Cup Series Media Tour opens on Monday in the Charlotte, N.C., area. It's a four-day smorgasbord of announcements, team-shop tours, optimistic predictions and the unveiling of new race-car paint schemes, team members and sponsorships. More than 150 writers, broadcasters and photographers will get a steady diet of claims such as “we're excited,” “we've been working harder than ever,” “we feel we've got everything in place” and “we can't wait to get started.” The tour will visit almost every team that plans to run the full series schedule in 2011, teams such as Earnhardt-Ganassi, Stewart-Haas, Penske, Michael Waltrip, Richard Childress, Kevin Buckler's TRG, Team Red Bull, Furniture Row, Richard Petty, Hendrick, Roush-Fenway and Joe Gibbs.
Chrysler Shakes Up Design Leadership
Wed, 08 Jul 2009A recent shuffle of Chrysler Group's design team could be just what the company needs to effect a quick turnaround after bankruptcy, industry analysts say. The automaker has promoted three men from within to head design for its Chrysler, Dodge and Jeep brands. These freshly created positions - part of a broader restructuring effort - will report to Ralph Gilles, senior vice president of product design.