Correct Craft Chris Craft Speed Boat Runabout Chrome Windshield Frame Posts 1932 on 2040-parts.com

Saab 92 coming – it just needs a platform

The original 1950s Saab 92 Victor Muller – the man who saved Saab from GM’s closure plans – wants the company to build a compact premium car, something we’ve know since before he managed to close the deal to take on the troubled Swede. And it looks like that’s close to being confirmed as Victor declares that the decision will be made in the next 100 days. Which sounds to us as if there is a deal in progress with another manufacturer to supply a platform.

Hummer sale agreed

GM has a Memorandum of Understanding in place to sell Hummer to a 'Mystery' buyer GM are reporting that they have reached a ‘Memorandum of Understanding’  with an unnamed buyer to take Hummer of their hands later in the year. MOUs are not the strongest tool in the arsenal when a sale is being arranged, which tends to indicate that either the buyer likes the idea but won’t commit yet, or they are still in ‘Fund-Raising’ mode. So who are the likely buyers?

Peugeot Citroen to buy Mitsubishi

It's being reported that PSA (Peugeot Citroen) are to take control of Mitsubishi Car makers have been fighting hard to survive in the last year or so as the landscape for their products goes through the biggest sea change ever. Fiat boss Sergio Marchionne was quoted as saying that if car makers didn’t rationalise and merge then they would go under. He sees a car making landscape with a handful of huge car makers and a plethora of very small ones – nothing in between.