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More Saab products coming, Muller says
Thu, 05 Aug 2010Saab's new Dutch owner, Spyker Cars NV, intends to spin additional models off its new Phoenix platform after it yields a redesigned Saab 9-3. Saab dealers will receive the latest 9-3 in 2012, Spyker founder and Saab Automobile AB Chairman Victor Muller said Thursday at the CAR Management Briefing Seminars in Traverse City, Mich. The dealers, who have been starved for product as former owner General Motors attempted to sell or liquidate the brand, also will obtain a Cadillac-based 9-4X crossover when it goes into production in April 2011 in Mexico.
UK car owners 'buy with their heart, not their head'
Tue, 15 Jul 2014CAR BUYERS in the UK are an emotional lot and more let their heart decide which car they will buy rather than their head. Even drivers who think they make a decision using their head are often found to let more emotive considerations sway their final choice. In the Hiscox Head versus Heart study, common sense factors such as fuel economy, value for money and reliability are often over-ruled by heartfelt matters including comfort, speed and design.
CAFE standards set to rise to 54.5 mpg for 2025
Fri, 29 Jul 2011President Barack Obama on Friday revealed ambitious plans to raise the corporate average fuel economy standard for cars and light trucks to 54.5 mpg by the 2025 model year, a landmark move that will dramatically remake carmakers' product portfolios and consumers' buying habits. Unlike the first CAFE standards passed by Congress in 1975, the Detroit automakers now publicly support the high requirements and have begun retooling their fleets to adapt the changes. “[This] represents the single most important step we've ever taken as a nation to reduce our dependence on foreign oil,” Obama said in a morning press conference.