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Saab 9-4X gets closer
Sat, 07 Feb 2009As the world is only too well aware, GM has huge problems. In the real world it should have gone out of business, but in the political world that would probably be unacceptable to the American public. So it’s busy grovelling to Congress to acquire sufficient funding to stay alive until it can produce products the buying public might find worth having.
Lexus gets new focus
Wed, 09 Mar 2011Battered by recalls and public inquisitions, Toyota is hoping to restore its once-pristine image with new hybrid products and a renewed focus on Lexus. Lexus increasingly will be positioned as a “global premium brand,” the company said on Wednesday, and see improved styling, more hybrids and better service. The brand's sales have fallen 9 percent this year, to 26,674 in the United States.
Hummer sale agreed
Tue, 02 Jun 2009GM has a Memorandum of Understanding in place to sell Hummer to a 'Mystery' buyer GM are reporting that they have reached a ‘Memorandum of Understanding’ with an unnamed buyer to take Hummer of their hands later in the year. MOUs are not the strongest tool in the arsenal when a sale is being arranged, which tends to indicate that either the buyer likes the idea but won’t commit yet, or they are still in ‘Fund-Raising’ mode. So who are the likely buyers?