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Toyota's Lentz to say electronics not to blame for acceleration problems
Tue, 23 Feb 2010Toyota Motor Sales U.S.A. President James Lentz plans to stick to his guns and tell skeptical lawmakers Tuesday that the company's unwanted acceleration problems do not stem from electronic defects, a copy of his testimony shows. Lentz's reiteration of Toyota's longstanding position suggests that top company executives were unmoved by sharp criticism of that stance Monday by House Energy and Commerce Committee Chairman Henry Waxman.
Swedish court rejects Saab creditor-protection plea; Saab will appeal
Thu, 08 Sep 2011A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.
MG Zero Concept at Beijing
Sat, 24 Apr 2010The MG Zero Concept has been revealed at the Beijing Motor Show It’s good to see a new MG. True, it may not be everyone’s idea of where MG should be, but at least Morris Garages lives to die another day and stays alive as a marque, which is more than you can say for Riley or Hillman or Humber or Triumph or Rover or Austin or Morris or Alvis or… What this may be is the MG2 we snapped being loaded on to a trailer in China a few weeks ago, but there is so little detail from MG in the press release on the MG Zero concept they might just as well not have bothered. If we’re going to get treated to a new MG – concept or not – it would sort of help if we got some detail.