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Saab: On the edge of oblivion

Saab go in to meltdown We’ve had a statement in from Saab this morning telling us that they are now unable to pay their staff until they manage to get a bit of funding in. Didn’t they just get a pile of Euros in from Panga Da for a boat full of Saabs? According to two previous statements from Saab they received €30 million Euros at the end of May for 1,300 Saabs ordered by Pang Da, and another €15 million for a further 650 cars a week later.

Nissan Design 50th Anniversary exhibition

As part of last year's celebrations for the 50th anniversary of Nissan Design, Nissan Motor Company held an exhibition entitled 'Passion & Imagination: Nissan Design 50th Anniversary & Future' at its two galleries in Ginza, downtown Tokyo from late July to mid-August. Both galleries were crowded with more than 48,000 visitors in total. The exhibition showcased the historical achievements of Nissan's design department over the last fifty years, as well as its future design vision.

GM, Chrysler get cold shoulder from consumers, report says

General Motors and Chrysler clearly have an image problem. In a classic case of: "It's not me--it's you," fewer consumers are considering the two Detroit automakers in the wake of their pleas for government assistance and bankruptcy rumors. The share of buyers who would make a GM car their primary choice fell 12 percent, and the share of Chrysler intenders dropped by one third, according to a study released Thursday by CNW Research of Bandon, Ore.