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Saab bidding closed, buyer announced soon
Tue, 28 Feb 2012We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.
Volvo XC coupe concept (2014) gives first glimpse of new XC90 styling
Wed, 11 Dec 2013By Damion Smy and Ollie Kew First Official Pictures 11 December 2013 12:00 A teaser picture and two design sketches give the latest official clues to how the 2014 Volvo XC90 will look. This is the XC Coupe, the second of three concept cars penned by Volvo’s new design chief, Thomas Ingenlath. Many of the car’s cues are shared with the Volvo Concept Coupe we saw (and liked) earlier in 2013.
Tesla, Chrysler take federal loan payment dispute public
Thu, 23 May 2013Tesla CEO Elon Musk took to Twitter Thursday to respond to Chrysler's barb that Tesla wasn't the first American automaker to repay the U.S. government for aid. Tesla, which paid off the remaining $451.8 million on its 2010 Department of Energy loan Wednesday, received $465 million under the highly politicized Advanced Technology Vehicle Manufacturing loan program.