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Saab: Turkey’s Brightwell Holdings & China’s Youngman vie for Saab
Fri, 20 Jan 2012Will Saab end up in Turkish or Chinese hands? Despite its bankruptcy, it seems China’s Youngman and Turkish equity form Brightwell Holdings ar planning on staging a bid. Saab may be bankrupt – and its car heritage from the Saab Museum up for sale – but that hasn’t stopped interest in Saab as a viable car maker from prospective suitors.
Mitsubishi Scrappage – now on 5 year old cars
Wed, 27 May 2009Mitsubishi are now offering the Scrappage allowance on cars from 5 years old [ad#ad-1] Despite our reservations about the Scrappage scheme in the UK, it would seem that it is proving to be a good handle to hang sales publicity on for car makers. Hyundai have told us about their successes and the interesting trade-ins they’ve had on cars sold under the Scrappage scheme, and we reported recently on two guys buying Nissan GT-Rs with the Scrappage allowance. And now Mitsubishi are using the Scrappage scheme to promote new car sales.
Sinkhole Corvettes to be displayed before restoration
Thu, 27 Feb 2014It's going to take a while to get the eight historic Chevrolet Corvettes that were consumed by a sinkhole at the National Corvette Museum two weeks ago out of that sinkhole -- just getting a specialized crane through the doors of the museum will take time. Afterward, though, the public will be able to get a look at them in their damaged state before Chevrolet has them restored. The museum has told the Detroit Free Press that the damaged cars will be on display at the National Corvette Museum from April through June of this year, once they're exhumed.