Street Scene Speed Grille Insert 950-76511 on 2040-parts.com

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Hyundai beats 2011 sales figures – with almost 2 months of 2012 left

Hyundai UK has revealed that it has sold 64,000 cars so far in 2012, beating the 2011 sales total of 63,577 with almost two months to go. Hyundai UK is celebrating after surpassing their total UK sales of 63,577 cars in 2011 with the best part of two months of 2012 still left to rack up more sales – 64,000 cars sold in 2012 and counting. The strong Hyundai sales are no doubt thanks to a strong showing from the i40 and i40 Tourer and the new i30, both of which are now rolling out of UK showrooms in decent numbers.

Ssangyong Concept XUV 1 Frankfurt debut

Ssangyong Concept XUV 1 first tease Not content with rolling out an all-new SsangYong Korando Crossover, Mahindra & Maghindra’s newly-revived Korean enterprise is now out to tackle the likes of the Nissan Juke, with a new concept at the Frankfurt Motor Show next month –  the Ssangyong Concept XUV1. Sangyong has sent us three teaser images of the Concept XUV1, but we’ve just run the one. Why?