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Chrysler posts first net profit since bankruptcy
Mon, 02 May 2011Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.
2013 SEAT Leon price revealed: Paris 2012
Sat, 29 Sep 2012SEAT has revealed prices for their version of the VW Golf – the new SEAT Leon – at the Paris Motor Show. Starts at £15,670. SEAT has been a bit more daring with their take on the new VW Golf and Audi A3 (the SEAT Leon is based on the same VW MQB platform as its Volkswagen Group siblings) with a sporty statement nose and interesting creases running down the side.
Saab secures investment from China et al
Tue, 03 May 2011China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.