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Read the GM press release annoucing the sale of Saab to Spyker Cars
Tue, 26 Jan 2010PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.
Mustang logo inspired by football game?
Fri, 25 Oct 2013Did inspiration strike Lee Iacocca during a football game at the University of Michigan 50 years ago? At the time, Iacocca was a vice president with Ford Motor Co., which was preparing to roll out a new sports car the following spring. On Sept.
Audi Q3 coming in 2011
Wed, 22 Apr 2009Audi will build the new Audi Q3 at a SEAT plant in Spain starting in 2011 Despite the late arrival on the scene of the Audi Q7, the 4×4 behemoth from Audi has certainly made its mark. Followed recently by the Q5, it has carved a niche for Audi that is standing up remarkably well in the current climate. But Audi are intent on capitalising on their 4×4 success story, and have today revealed that the next instalment – The Audi Q3 - will start production in 2011 at a SEAT plant in Martorell in Spain.