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Saab's finance struggle: the latest news
Fri, 13 May 2011Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed. Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.
Saab fans gather outside GM headquarters
Tue, 05 Jan 2010The 60-plus-year history of Saab may come to an inglorious end in the next few days if General Motors and Dutch supercar maker Spyker--or perhaps a dark-horse bidder--fail to reach an agreement to save the iconic Swedish maker of premium cars. But the potential death of yet another GM brand raised some voices of dissension--and passion--as a crowd of about 30 Saab enthusiasts braved temperatures in the 20s and snow flurries to show their support for Saab at a gathering near GM's global headquarters in downtown Detroit. The event was organized by the Ryan Emge, editor of a Saab.History.com, and was part car show, part rally and part family gathering.
Koenigsegg at Geneva Motor Show: Koenigsegg Agera +video
Tue, 02 Mar 2010The Koenigsegg Agera hits the floor at Geneva We managed to uncover information on the Koenigsegg Agera early on, following on from the chat we had with Koenigsegg when they told us they would be bringing ‘Something New’ to the Geneva Motor Show. And I think we were a bit ungracious. Maybe it was disappointment that theAgera wasn’t perhaps as radical as we hoped from a new Koenigsegg, or it could just have been a long day.