Spyker's Viability Plan for Saab Replicates Koenigsegg's
23 Dec 2009, 08:38 UTC · By: Bogdan Popa / Spyker is now seen as Saab's only hope to stay alive and it appears the Dutch manufacturer has already established a detailed viability plan for the Swedish unit. Spyker representatives have al...
BAIC Paid $200 Million for Saab Technologies
23 Dec 2009, 08:28 UTC · By: Daniel Patrascu / One of the most controversial deals made this year in the automotive sector, the one through which American manufacturer GM sold intellectual property for Saab's 9-5 and 9-3 sedans and addition...
Sweden to Help Saab's Abandoned Workers
22 Dec 2009, 09:19 UTC · By: Bogdan Popa / Even though the Swedish government repeatedly said it does not intend to get involved in the Saab business and keep the company alive by providing the necessary funding, it appears the local officia...
GM Recalls 2010 Cadillac DTS
22 Dec 2009, 08:31 UTC · By: Bogdan Popa / General Motors recently announced that its 2010 Cadillac DTS is the subject of a new safety recall in the United States, after the company discovered that 126 units fail to comply with the requireme...
Microsoft CFO Joins GM as Vice Chairman, CFO
22 Dec 2009, 07:51 UTC · By: Daniel Patrascu / The executive appointments within American manufacturer GM continued yesterday with the announcement that Chris Liddell, CFO for Microsoft Corp since May 2005, has been named vice chairman and chief...
2010 Chevy Equinox, Urban Truck of the Year
21 Dec 2009, 15:30 UTC · By: Daniel Patrascu / As the extremely challenging 2009 comes to its long awaited end, manufacturers all over the world are more than to advertise what their latest models managed to achieve in not only in terms of sales...
Spyker Shares Explode after New Saab Offer
21 Dec 2009, 14:11 UTC · By: Daniel Patrascu / Following both the announcement made by GM that it is pulling the plug on Swedish Saab and Spyker's now relentless attempts to take over, the latter's shares soared on Monday in Amsterdam....
GM Not Planning to Sell Saab 9-5, 9-4X
21 Dec 2009, 11:41 UTC · By: Bogdan Popa / Even if GM wants to kill Saab, the company has no intentions to sell the remaining assets belonging to the Swedish unit, including the new 9-5 or the 9-4X. John Smith, GM vice president of corporate...
Sweden Has No Intention to Save Saab
21 Dec 2009, 09:17 UTC · By: Bogdan Popa / Although Spyker has already confirmed that it recently submitted a revised bid for taking over Saab, the Swedish unit is still at risk as General Motors is now taking the necessary steps to wind dow...
Saab Could Live On, GM Has New Offers
21 Dec 2009, 07:51 UTC · By: Bogdan Popa / Even if General Motors announced on Friday it would wind down Saab, the Swedish brand might stay alive thanks to a number of parties that expressed their interested in the Swedish brand during the p...
GM Repays First $1 Billion
21 Dec 2009, 07:48 UTC · By: Daniel Patrascu / Tax payers fearful of GM's intention to repay its 2009-acquired debt have been somewhat made at ease with the announcement the carmaker has kept its promise (made by its former CEO, Fritz Hende...
Saab: 1946 - 2009
18 Dec 2009, 14:40 UTC · By: Bogdan Popa / After months of fighting for survival, Saab has finally passed away. Its father, General Motors, decided today to shut down the brand after failing to reach an agreement with the interested parties....
Buick LaCrosse Gets New Ecotec 2.4l Engine
18 Dec 2009, 10:25 UTC · By: Daniel Patrascu / The new year comes for GM's Buick Lacrosse with a new direct injected Ecotec 2.4l four-cylinder engine, to be fitted into the car starting the first quarter of 2010. The unit is mated to a six-...
Brian Sweeney, the New Buick GMC General Manager
18 Dec 2009, 09:54 UTC · By: Daniel Patrascu / Caught in a management revamp the likes on which we didn't see not even during its bankruptcy, American manufacturer GM announced yesterday the appointment of Brian Sweeney, currently general s...
Opel/Vauxhall CEO: 2010 Might Be Rough
18 Dec 2009, 07:48 UTC · By: Bogdan Popa / Both Opel and Vauxhall are currently going through the most difficult period in their history, with parent manufacturer General Motors looking into ways to turn them back to profit. After scrapping ...
Spyker, the Only Bidder Still in the Race for Saab
16 Dec 2009, 08:53 UTC · By: Bogdan Popa / Although Saab a few days ago announced the sale of several assets to China's BAIC, Spyker is still negotiating the acquisition of the Swedish unit, GM Chairman and CEO Ed Whitacre said in a sta...
Walter Borst Is Opel's New Boss
15 Dec 2009, 11:13 UTC · By: Daniel Patrascu / GM's German unit Opel has finally named the successor of the recently departed Carl Peter Forster: Walter Borst. The largely unknown Borst joined Opel's supervisory board in the last few w...
GM Appoints Ray Young as International Operations VP
14 Dec 2009, 14:49 UTC · By: Daniel Patrascu / The corporate shakedown within GM's ranks continued today with the appointment of Ray Young in a newly created position of vice president for International Operations. Young will report to Tim...
NADA Commends Senate for Dealers Rights Amendment
14 Dec 2009, 10:35 UTC · By: Daniel Patrascu / The National Automobile Dealers Association (NADA) applauded the US Senate's passing of the spending bill, complete with the NADA-backed dealer rights provision. This amendment will allow affec...
Confirmed: Chinese BAIC Takes Over Saab Assets
14 Dec 2009, 09:27 UTC · By: Bogdan Popa / Another important milestone in Saab's fight for life became reality a few days ago when the Swedish manufacturer sold some assets to Beijing Automotive. Specifically, the company closed on the ...