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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.
Win a year driving BMWs: CAR's amazing competition
Fri, 13 Apr 2012****THIS BMW COMPETITION IS NOW CLOSED**** For more BMW content click here Have you entered CAR's competition to win a year driving brand new BMWs? Time is running out - we close the competition at 11.59pm BST this Thursday 12 April 2012. It's a doddle to enter and only takes a couple of minutes to fill in the form below.
Toyota to spend $1.1 billion on unintended acceleration claims
Thu, 27 Dec 2012Toyota Motor Corp. is setting aside $1.1 billion to settle various U.S. lawsuits and other claims stemming from reports of unintended acceleration that plagued the automaker in 2009-2010.