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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’
Thu, 13 Oct 2011Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.
Rolls Royce Wraith Tease continues
Tue, 12 Feb 2013The Rolls Royce Wraith – coupe sibling to the RR Ghost – continues its tease reveal ahead of a debut at the 2013 Geneva Motor Show. A few days after the news that the new Ghost Coupe would be the Wraith, Rolls Royce started to tease their new sporty coupe with a teaser photo showing the profile of the Wraith – suitably shadowy, of course – and illustrating that this new Rolls Royce will be the most sporty RR we’ve ever seen. When we got the last tease photo of the Wraith in from Rolls Royce, we did warn you to expect an ongoing drip feed of teases and photos before the Wraith arrived at next month’s Geneva Motor Show, so you won’t be surprised to discover we have a new tease in our inbox this morning.
Italian design house Bertone nearing bankruptcy
Mon, 17 Mar 2014The Italian design house Bertone is reportedly nearing bankruptcy again, according to a report from Autocar. The carrozzeria has experienced financial problems in 2008 and 2013, and even though it generated more than €20 million, or approximately $28 million, last year, the company reportedly laid off 160 employees recently. At least 30 workers who have been laid off have taken action against the company, seeking to recover monies owed to them.
