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Saab's finance struggle: the latest news
Fri, 13 May 2011Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed. Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.
Our favorite two-ton rockets, an AW list
Fri, 19 Mar 2010High powered engines aren’t just for sports-cars anymore. Even SUVs and trucks are getting into the fight with some examples packing over 500-hp. To make this list you need to be able to haul--and haul ass.
GM to keep GMC, Pontiac, exec says
Thu, 16 Apr 2009A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.