Other for Sale
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Nissan shows off electric New Mobility concept
Wed, 01 Dec 2010Nissan revealed pictures of the New Mobility concept on Wednesday. The concept is a two-seat electric vehicle designed to be easy to drive, safe and clean, the company says. Nissan envisions the concept being used as a transportation service for corporations or the public.
Saab on brink of closing after GM rejects rescue plan
Mon, 19 Dec 2011Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.
Saab 9-3X to debut
Wed, 11 Feb 2009Good to see Saab pushing ahead, despite the grief they have with parent GM. We brought you information on the 9-4X a couple of days ago, and now Saab has released details of their 9-3X crossover, that will début in Geneva next month. Saabs are very individual, and have a strong, although small, following.