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Future of Ford Mustang plant in doubt as sales decline, Mazda bails
Thu, 16 Jun 2011For Ford Mustang fans, it's tough enough getting beaten in the sales race by the car's long-term rival, the Chevrolet Camaro. Now the future of the Michigan plant that builds the Mustang is in doubt. Last week, Mazda Motor Corp.
Saab: Muller seeking €600 million Chinese Bank loan to placate GM
Thu, 08 Dec 2011Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.
Peugeot recall over airbag scare
Mon, 28 Apr 2014CAR COMPANY Peugeot is recalling some of its 5008 models in the UK due to a possible airbag problem. Friction wear can occur on the driver's seat wiring harness. This can lead to an electrical malfunction and may cause the unwanted triggering of the driver's seat airbag.