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Saab: Muller seeking €600 million Chinese Bank loan to placate GM
Thu, 08 Dec 2011Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.
Change afoot at Saab as CEO retires: where next?
Mon, 28 Mar 2011Click here to see all 2011 Saab articles Saab CEO Jan Åke Jonsson announced his retirement on Friday. It was yet another small but significant news nugget from Saab – the inbox has buzzed with announcements ever since the bankrupt car maker was saved by an independent takeover on 23 February 2010. The news that Saab's veteran CEO is stepping down makes us wonder what life's really like under the bravado of Europe's newest independent car maker.
MINI Roadster Concept revealed
Tue, 15 Sep 2009MINI has revealed the MINI Roadster Concept at Frankfurt Just like the MINI Coupe. the MINI Roadster gets a chopped – but open in this case – top with a tilted back windscreen, although from the waist down the Roadster is pure MINI. But the Roadster is promising better handling with the roll over bar shifted forward to just beahind the front seats (there are no back seats) which should make the Roadster more rigid.