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Subaru Forester tops small SUVs in new crash test
Thu, 16 May 2013The Subaru Forester and Mitsubishi Outlander Sport have won top honors from the Insurance Institute for Highway Safety, becoming the only small SUVs to ace the group's new "small overlap" crash test. The Forester, which Subaru redesigned for the 2014 model year, earned Top Safety Pick+ accolades by scoring a "good" rating on the small overlap test, in which the front corner of the vehicle on the driver's side strikes a five-foot-tall barrier at 40 mph. "With the redesigned Forester, Subaru's engineers set out to do well in our new test, and they succeeded," Joe Nolan, vice president for vehicle research at IIHS, said in a statement.
Chevy Volt, other key GM vehicles remain on track, new product boss says
Thu, 07 May 2009The Chevrolet Volt remains on track to hit the market in late 2010--and General Motors is still going to invest in developing key products--despite its financial troubles, a top executive said Thursday. The Volt and other new GM vehicles, such as the Cadillac SRX, the Buick LaCrosse and the Chevy Equinox, remain top priorities--even though the company lost $6 billion in the first quarter of this year and is surviving on government loans. "Great cars and trucks are the only thing.
The Saab Saga – now it’s a share sale to raise cash
Thu, 04 Aug 2011Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.