Chrysler Oem Chrysler Disc Brake Caliper 05179881ac Image 2 on 2040-parts.com

Saab struggles with bills – Vladimir says it’s all fine

The Saab production line grinds to a halt as components run out I think we all hoped that after the long, painful transition from GM ownership in to new hands at Spyker that things would settle down and Saab would get back to making cars instead of headlines. But it seems not. Just a few days ago we had news that lifetime Saab man and CEO of Saab Jan Åke Jonsson is to step down in May, together with the news that Saab lost €140 million in 2010.

New Kia Flagship Showroom in West London

With Kia sales growing strongly in the UK, Kia are building a new flagship showroom in West London next to the A4 and M4. Just like sister car maker Hyundai, Kia’s offerings are becoming more credible with every new model and in a clear sign of the ever-rising confidence from the Koreans, Kia is planning a big new flagship showroom in West London. The new Kia showroom – which will sit alongside the A4 and M4 in Brentford, key car showroom territory – will consist of four floors, a curved facade with a ‘floating’ upper showroom with multi-level parking for visitors, and extend to a rather large 41,237 sq ft.

Bankruptcy looms for cash-starved Saab

The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.