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Saab enters Court Protection – just as we predicted
Wed, 07 Sep 2011Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.
Nissan offers interactive shopping for smartphone users on sales lots
Fri, 05 Aug 2011Nissan is putting Quick Response codes on its vehicle price stickers so shoppers can use smartphones to read up on cars as they peruse dealership lots. With the "On Vehicle Graphics" system, QR codes are available to provide extra decision-making information that is easily accessible via popular mobile devices. The codes are available to act as a "silent salesperson," starting with vehicles for the 2012 model year.
BMW Art Car Collection premieres online with video tour
Mon, 11 Jul 2011The BMW Art Car Collection has made a global debut on the Internet, with a virtual video tour that gives an overview of each car and outlines the collection's development since 1975. Photo and video content are included in the tour for each of the 17 art cars, at www.bmw-artcartour.com. "Whilst the originals are often exhibited individually at the BMW Museum in Munich or at significant cultural institutions throughout the world, people are now able to discover the BMW Art Cars in their entirety," BMW spokesman Bill McAndrews said.