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Silver linings: Saab and Mitsubishi see sales grow in May
Thu, 02 Jun 2011Despite the company’s financial troubles, Saab sales are steadily increasing in 2011, with April and May numbers up 190 percent and 121 percent, respectively, from the same months last year. The Swedish automaker reported 385 units sold this May, versus 155 the year prior. So far this year, Saab has sold 2,765 vehicles, compared with 954 at the same point last year.
Volkswagen wants Alfa Romeo, but Fiat doesn't want to sell
Mon, 23 Aug 2010Fiat S.p.A. is refusing a new round of Volkswagen AG overtures to buy its troubled sporty Alfa Romeo brand, company sources told Automotive News Europe. VW is on an acquisition spree to help its bid to topple Toyota Motor Corp.
JCB sets new diesel land speed record
Tue, 22 Aug 2006By Greg Fountain Motor Industry 22 August 2006 05:50 The JCB Dieselmax has broken the diesel land speed record, posting an official, FIA-approved speed of 328.767mph. During the first run along the Bonneville Salt Flats course on 22 August, the 1500bhp Dieselmax touched 324.24mph.The pit crew then turned the streamliner around on a turntable and prepped it for the second run. On the return, JCB's diesel-powered racer hit 333.339mph.