Swedish Automobile N.V. announced this week that Saab Automobile has delayed payment of the wages once again to its white-collar employees “as some of the funds that were committed by investors were not paid in time to effect such salary payments.” “Saab Automobile is taking all necessary actions to collect these funds and continues discussions [...]
I was recently in Stuttgart, Germany visiting Mercedes-Benz and too the new SLS AMG Gullwing for a spin around the track. Besides its blistering fast acceleration and road-hugging handing, the sounds that the Mercedes-Benz SLS AMG makes are just downright scary. It’s almost like a real beast trying to scare the crap out of you. [...]
The Audi RS line is coming back to the United States and the first model to come from the high-performance line is the 2012 Audi TT RS. The first Audi TT RS was sold by Forth Worth Audi in Texas to veteran race car driver Don Istook. In 2012, more than 11,500 fans signed a [...]
For the seventh consecutive year, Porsche is the highest-ranking nameplate in the 2011 APEAL Study by J.D. Power and Associates. Hyundai also improved from 2010 more than any other nameplate this year, while Jeep and Chrysler also improved considerably. BMW and Dodge each had three models each that received the segment-level awards. BMW models receiving awards [...]
Even though General Motors CEO Dan Akerson may be fed up with Opel, he stands behind the brand and is killing speculation that the brand is for sale. Speaking at a GM plant to officially launch labor talks with the United Auto Workers, Akerson said that the European unit is not up for sale. “We [...]
Because Maserati is owned by Fiat, Sergio Marchionne has just announced some big plans for the Italian make in hopes to boost sales to 50,000, from 5,675 last year. That’s quite a goal, but in order to reach it, Maserati announced that three new models will be coming out and are crucial to reaching the [...]
We’ve heard it before and today we’re hearing it again. GMC has plans to build the Granite Concept crossover to GMC’s lineup as a production model. Pegged to be a step down from the Terrain Crossover, the GMC Granite is said to appeal to buyers with “urban lifestyles” and will compete with the likes of [...]
Fiat SpA’s Ferrari unit announced today that had the best six months in its life during the first half of 2011. The supercar manufacturer posted a record revenue of $1.1 billion for the first six months of this year and delivered a record 3,577 units or 11.8 percent more than the the first half of [...]
Maserati North America has announced prices for two of the newest models to its lineup, which will hit dealerships later this year. Prices for the 2012 Maserati GranTurismo MC start at $139,900 while the 2012 Maserati GranTurismo Convertible Sport starts at $142,800. Power for the 2012 Maserati GranTurismo MC comes from a traditional 4.7L V8 [...]
Chevrolet is celebrating its 100 years of Chevrolet and has started the 100-day countdown to November 3 birthday with launch of Centennial Experience at Chevy100.com. The brand is also celebrating its 100th birthday in other ways. Chevy has teamed up with Pandora to introduce a dedicated channel and Top 100 Chevy song list playing the Top 100 songs mentioning [...]
