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Tracking device can also alert driver about a late car payment
Fri, 13 May 2011That buzzing noise you hear in the car could be more than a seatbelt reminder--it could be a payment reminder. Some dealerships install tracking devices in the vehicles of high-risk buyers. That makes it easier to track down the buyer--and the car--if the payments stop.
Rolls Royce redesigns sought in new competition
Wed, 26 Feb 2014Hip Shing Hong Group, Stefano Tordiglione Design and online design platform It's Liquid have launched a competition to redesign a Rolls Royce for a factory-turned-office project in Hong Kong. The contest, focused around the themes ‘Innovation', ‘Energy' and ‘Creativity', is giving the winners the chance to see their design displayed in the lobby of the new building. They will also receive a cash prize of HKD 20,000/EUR 2,000, while the second- and third-placed designers will earn themselves HKD 10,000/EUR 1,000 and HKD 5,000/EUR 500 respectively.
Swedish court rejects Saab creditor-protection plea; Saab will appeal
Thu, 08 Sep 2011A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.