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Saab unions threaten bankruptcy action over unpaid wages
Thu, 23 Jun 2011Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.
Mitsubishi subcompact hinted for US
Mon, 13 May 2013Desperate for new models to bolster their limited lineup, Mitsubishi dealers recently got a glimmer of hope with news that an entry-level sedan may arrive stateside in 2015. The dealers were shown a rendering of the subcompact at the brand's regional dealer meetings held during the first two weeks of April, according to attendees and Mitsubishi Motors North America. The company told dealers it is targeting a 2015 release for the vehicle, attendees said.
Drivers waste £1.9 billion on insurance
Tue, 20 May 2014A TOTAL of £1.9 billion is being wasted by drivers in the UK who automatically renew their car insurance without shopping around for the best deal. A study has found 2.4 million drivers in the UK don’t bother to compare quotes to get the best deal when their car insurance comes up for renewal. The research by Moneysupermarket.com found 8.6 million drivers in Britain could be better off by up to £220 per year each if they moved to a new insurer.