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Saab files for reorganization, seeks $1 billion to survive
Fri, 20 Feb 2009Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.
Sony confirms Gran Turismo 5 release date
Fri, 12 Nov 2010Nov. 24. Every video gaming gearhead needs to circle that date on their calendars because this is the confirmed release date for Gran Turismo 5.
Mazda may revive the rotary as a hybrid car powerplant
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