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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.

European car sales down 5.2%

EUROPEAN UNION car sales are still sagging despite the return of modest economic growth. For the first eight months of the year, passenger car sales were down 5.2% to 7.84 million compared with the same period last year, the European Auto Manufacturers' Association said - the lowest January-August figure since the group started keeping records in 1990. New car registrations in August fell five per cent from a year ago to 653,872.

New Chevrolet Aveo (2011 / 2012) revealed

The Chevrolet Aveo debuts at Paris It always seems a bit strong proclaiming that a new car has been revealed when we know it’s probably going to be a year before said car hits the showrooms. And so it is with the new Chevrolet Aveo we have here which, despite Chevy saying this is the production car, won’t hit the roads in the UK for a year. That long gestation period could even change the 2011 Chevy Aveo in to the 2012 Chevy Aveo, which considering the ‘Concept’ for the new Chevy Aveo was shown at Detroit in January is one long introduction phase.