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Saab unions threaten bankruptcy action over unpaid wages

Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.

Hyundai Curb: Hyundai’s Juke at Detroit

The Hyundai Curb gets revealed at Detroit As we know, Hyundai has been taking the fight to the Japanese in a big way in recent years. Their cars have become more credible; better built, more contemporary and better designed. But you could argue they’ve played it safe.

U.S. offers advance peek at 'cash for guzzlers' rules

Dealers participating in the "cash for guzzlers" program must visit www.cars.gov to find a list of facilities that may qualify for scrapping vehicles and then make sure the company can crush or shred trade-ins, according to preliminary rules on the Web site. The government posted the rules today for the program, designed to lift U.S. light-vehicle sales from 27-year lows.