Archive for December, 2009
Farewell, Saab – but it’s not all doom and gloom for car industry
Things are grim in Sweden, but in Britain the motor trade is back from the brink – and even seems to be thriving.
Is the global motor industry’s petrol tank half full or half empty? The view from Trollhattan is certainly gloomy. General Motors‘ announcement yesterday that its Swedish subsidiary, Saab, will be subject to an [...]
Volkswagen, Suzuki plan small car for India
Germany’s Volkswagen AG and Suzuki Motor Corp plan to develop a new small car costing between 4,300 and 5,400 dollars for the Indian market, a newspaper reported Friday. Suzuki, which has a 54-per-cent stake in India’s leading auto group Maruti Suzuki may replace its top-selling Alto model, a company executive told the Economic Times newspaper. [...]
Read moreThe Conservatives can dare to be different after Labour proposals
Alistair Darling did George Osborne a big favour yesterday, though his likely successor will probably not see it that way. The Pre-Budget Report highlighted continued growth in favoured spending programmes, such as schools, health and the police, but failed to say where spending will be cut, except in the most general terms. Mr Darling has [...]
Read moreGM in talks on partial Saab sale to BAIC: sources
General Motors Co is talking to BAIC, China’s fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.
China
Beijing Automotive Industry Holding Group has made it clear that it has no interest in acquiring Saab’s production hub in [...]
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